Beginning beef stocks in 2021 are projected at 645M pounds, an increase of 3M pounds from 2020. The total beef supply in 2021 is projected at 31.214B pounds, down 170M pounds from 2020. Beef consumption in 2021 is projected at 27.484B pounds, down 350M pounds from 2020. Ending beef stocks in 2021 are projected at 650M pounds.
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