Mike Moore's speeches
Renato Ruggiero's speeches,
These are among
the findings contained in WTO's annual report The International Market For Meats
1995/96 today. The report, prepared by the Secretariat in accordance with the
International Bovine Meat Agreement, presents a summary of the international situation and
outlook for bovine meat and specific elements of the world beef economy on a
country-by-country basis as well as summaries of the situation and outlook for pigmeat,
poultry meat and sheepmeat.
Among the highlights of the
report are the following:
In the European Communities, beef consumption has dropped sharply since
the outbreak of the mad cow crisis with consumers turning to chicken, pork and
lamb. EC intervention stocks, which were virtually zero at the beginning of the year, have
begun to build up again. The EC is in the process of implementing a number of measures to
restore consumer confidence and to rebalance the beef market.
The United States is expected to become a net exporter of beef in
volume terms this year for the first time since 1945 as a result of low domestic prices
and favourable exchange rate movements.
Low beef prices in the United States have contributed to Australia and
New Zealand not being able to take full advantage of wider market access for beef in the
United States resulting from the Uruguay Round. Australian producers also suffered from
drought. On the other hand, New Zealand has been able to raise its market share in Korea
and Japan, in part at the expense of Australia.
South America, Argentina's beef industry is going through a difficult phase as a result of
adverse weather conditions, declining domestic consumption and lower shipments to the EC,
its major overseas customer, due to the "mad cow" crisis. On the other hand,
beef exports of Brazil and Uruguay are expected to expand.
Asia, beef imports of Korea and Japan are expected to continue to grow at double-digit
rates. This year, Japan is expected to take over as the number one beef importer in the
world, a position held for many years by the United States.
the WTO, two panels have been established this year to look into, respectively, complaints
by the United States and Canada against EC measures prohibiting the importation of
livestock and meat from livestock that have been treated with substances having a hormonal
action. The panel requested by the United States was established in May, and that of
Canada in October.
International Markets for Meat 1995/96 is now available in English from the WTO
Secretariat, Price: SwF15.- The French and Spanish editions will be available shortly.
World beef trade estimate for 1996
Beef and veal, in metric tons, carcass weight equivalent.
AMLC, FAO, UK Meat and Livestock Commission, USDA, WTO.
Note to editors:
International Bovine Meat Agreement entered into effect on 1 January 1995. It replaced the
GATT Arrangement Regarding Bovine Meat (1980-1994). The following are Parties to the
Agreement: Argentina, Australia, Brazil, Bulgaria, Canada, Colombia, the European
Communities (15), Japan, New Zealand, Norway, Paraguay, Romania, South Africa,
Switzerland, the United States and Uruguay.
objectives of the Agreement, like its predecessor, are to promote the expansion,
liberalization and stability of the international meat and livestock market by improving
the international framework of world trade to the benefit of consumers and producers,
importers and exporters; to encourage greater international cooperation in all aspects
affecting trade in bovine meat and live animals; and to secure additional benefits for the
international trade of developing countries in bovine meat and live animals.