Bord Bia: Falling European production could boost beef exports

BEEF exports could be boosted by a decline in European production over the next five years, according to Bord Bia.

The food board outlined its assessment of medium-term prospects for the beef market at the Anuga food and drink fair in Cologne, Germany.

The predicted 7%, or 500,000 tonnes, decline in European beef production arises from expected lower output from major producers, including Britain, Germany and, to a lesser extent, France and Spain.