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Europe Market Update

Europe Market Update. John Brook Director USMEF- Brussels. U.S. Beef & Variety Meat Exports to Europe. Source: USDA/USMEF, metric tons. EU Beef Imports from U.S. 2008: 4,938 MT, +139% $51.5 million. Source: World Trade Atlas/USMEF, Metric tons. Adapting Programs to Economic Conditions.

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Europe Market Update

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  1. Europe Market Update John Brook Director USMEF- Brussels

  2. U.S. Beef & Variety Meat Exports to Europe Source: USDA/USMEF, metric tons

  3. EU Beef Imports from U.S. 2008: 4,938 MT, +139% $51.5 million Source: World Trade Atlas/USMEF, Metric tons

  4. Adapting Programs to Economic Conditions • Concentration of resources as close as possible to meat sales • No trade/buyers/chefs teams • Promote the sale of the maximum amount of the carcass

  5. Beef • EU imports of US beef are on the increase • US beef is available in more and more EU Member States • US beef is available in more and more outlets • Duty free quota operative from August 2009

  6. U.S. Pork & Variety Meat Exports to Europe Source: USDA/USMEF, metric tons

  7. EU Pork Imports from U.S. 2008: 22,953 MT, +129% $88.57 million Source: World Trade Atlas/USMEF, Metric tons

  8. Pork • Depressed EU domestic prices hinder imports • Lower feed costs help sustain EU production • EU farmers continue to call for subsidies • Pork consumption not affected by H1N1

  9. Discussion Outlook for beef in view of the new quota Prospects for pork largely dependant on WTO

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