The beef market in Germany and the EU
Cautious optimism
On the slaughter cattle market, positive surprises have been rare in recent years. German farmers must have been all the happier about the fixed prices for bulls and cows for slaughter in the past few weeks. The domestic supply was by no means as small as the fixed prices would have it appear. Rather, the battle numbers even exceeded the previous year's values quite significantly. Although the fattening of young bulls in Germany is likely to continue to decrease in the coming years, the EU Commission is relatively optimistic in its long-term forecasts.The results of the livestock census from May this year are not yet available. However, it seems clear that specialized cattle fattening was severely reduced in the run-up to decoupling. The first results from individual federal states show that the decline in the number of young bulls is in some cases in the double-digit percentage range. This trend could possibly continue until the turn of the year. At least that is what the persistently high rate of cattle slaughtering in Germany suggests. This year, despite the smaller number of livestock, almost three percent more cattle were hooked on a weekly average than in 2003. The proportion of young bulls slaughtered increased from around 40 percent in March to almost 46 percent in June.