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According to the results of January-November 2024, Russia increased pork exports by 36% compared to the same period last year, to 204.6 thousand tons, beef - by 27%, to 37.6 thousand tons, Rosselkhoznadzor reported.

Cattle meat production in Krasnoyarsk Krai increased by more than 13.5% in the first 10 months of 2024 compared to the same period last year, the press service of Deputy Prime Minister of the Russian Federation Dmitry Patrushev reported. This was discussed at a meeting between the Deputy Prime Minister and the Governor of the Krai Mikhail Kotyukov.

EU beef production grew in the first half of 2024, driven by strong prices and resilient demand. However, the European Commission (EC) are forecasting a slight decline in beef production in 2024, down 0.5% year-on-year, as structural contraction in the breeding herds plays into slaughter cattle availability. This easing of production is expected to continue into 2025, with the EC forecasting down 1% year-on-year, as herds continue to contract. Drivers for this include increasing environmental regulation and an ageing farmer population, among others. This tightness in supply is expected to offer support to European cattle prices generally.