News and analysis on the global poultry
and animal feed industries.
on January 1, 2014

EU beef industry may be hit hard by free trade agreement

An EC-financed impact assessment of a potential EU–Mercosur free trade agreement, carried out by the Joint Research Centre-Institute for Prospective Technological Studies, suggests that an agreement "may cause a decline in farm income, especially in the beef sector."  

According to EU farmers leaders, it is "estimated that beef prices could drop almost five per cent, while overall beef production would drop 2.8%." The effects would be larger in member states that are more dependent on meat production. 

Comments powered by Disqus