At the beginning of November, prices for dairy cows reform have stabilized in France and Europe, after experiencing different developments.
In France, the quoting of cull cows O stabilized at €4.23/kg net (slaughterhouse entry) the week of November 4, after having fallen since August 26 (€4.61). It was especially the price of less conforming cows that dropped. Reform prices have been lower than 2023 and 2022 since April.
“The numerous dairy reforms in the fall have led to a pronounced seasonal drop in prices”pointFor ideas in its October Trends report. “Dairy cows were more numerous atabattoir (from the beginning of September to mid-October) due to a postponement of summer reforms to the fall. Indeed, during the summer, grass and fodder in quantity and quality encouraged breeders to keep their cows, especially since the price of milk was an incentive, which postponed the reforms.details the Institute.
European Union: strong demand holds up prices
In other countries of the European Union – Germany, Ireland, Poland – at the beginning of November, the prices of cows O were stable: at €4.47/kg net in Germany since September, and at €4.36 in Poland. “High and firm prices, higher than those of the past two years, due to the lack of supply and Turkish purchases which are putting tension on the overall beef market in theEuropean Union »specifies Idele.
In Germany, “cow slaughters were equivalent to those of last year (+ 1%/2023) between September 9 and October 4”details the Institute. In Ireland, despite increasing slaughters, prices remained sustained. Because “These dynamic slaughters make it possible to supply meat to the European Union, which is lacking it. According to Irish Customs, Ireland has exported more chilled, frozen and processed beef in the first seven months of the year, compared to 2023.” In Poland, quotes are supported by “the lack of meat in the European Union and exports significant and increasing since the start of the year compared to 2023, with sustained activity towards the Türkiye ».
Halted drop in the price of young milk cattle
In France, the quoting of the young cattle lait O of 12-24 months, had been decreasing since the end of August (€4.79/kg net). This decline was stopped at the beginning of October and since then, the price has risen very slightly to settle at €4.71/kg net the week of November 4 (Source: FranceAgriMer). The price of JB O has been “driven downward in the wake of that of dairy cows”, explains Idele. Moreover, “releases of young cattle were dynamic: from September 2 to October 11: + 11% / 2023 for meat-type JBs and + 4% for milk-type JBs. And this is thanks to the relocation of fattening to France, but also to a European market in demand for young cattle meat which encourages operators to accelerate the release of animals”deciphers the Institute.
