EU beef prices to slightly decline in next years - report

Prices to reach € 6,000/t by 2035
calendar icon 15 January 2025
clock icon 1 minute read

After a period of high EU beef prices in 2022-2024, prices are expected to slightly come down in the next years due to a better balance between supply and demand in the EU, according to the EU Agricultural Outlook report (2024-2035).

Nevertheless, increased production costs in the EU and a declining beef output may result in prices settling at a higher level than in the past, reaching around EUR 6 000/t by 2035.

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