Characteristics of the global beef market (1)

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Global beef market characteristics:

  • The relaxation of the export policy in Argentina and the unblocking of the Chinese market for Brazilian beef (imposed import ban in September 2021 due to BSE) may reduce demand for EU beef and slow the decline in imports. However, intensifying cost pressures (concentrate feed and fertiliser) will continue to keep domestic supply low and cattle prices high over the next several months (2022-23).
  • Average quotations of the beef market in Poland are available within the Integrated Agricultural Market Information System on the website of the Ministry of Agriculture and Rural Development 

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