More than 20.000 fewer slaughter cows on the hook

In 2024, up to and including week 26, 274.000 cattle were slaughtered in the Netherlands. In the same period this year, the figure was 253.000, a decrease of 21.000 or 7,6%. This includes the supply of adult cows (including cows that have been milked out) and bulls. This sharp decline is driving slaughter cattle prices to record levels.

Strongest decline in second quarter
The decline in supply has become more pronounced, particularly in recent months. From week 1 through week 13, the supply was still around 5.000 head below last year's level. From week 14 through week 26, the decline was around 16.000 head. In several weeks, the number of slaughters even reached around 7.600 head. This is a very low number, which has only occurred on rare occasions in recent years.

The cause of the tight supply lies in several factors. First, there has been a declining livestock population for years. Furthermore, milk prices have been high recently, making it attractive for farmers to continue milking cows slated for slaughter for a little longer. Furthermore, due to the effects of bluetongue, there is only limited (new) livestock available, making it difficult to replace older cows. Furthermore, livestock, like slaughter cattle, are very expensive.

Prices slightly under pressure at a very high level
In recent weeks, beef prices have been under slight pressure. However, there doesn't appear to be any structural pressure. Demand for beef traditionally falls somewhat during the summer months. Therefore, the declines are mainly seen as minor corrections at a high level.