China should produce 7.4 million tons of beef in 2023

Published 2023년 3월 10일

Tridge summary

According to the USDA's Gain Report bulletin, China's beef production is projected to increase to 7.4 million tons in 2023, up from 7.180 million tons in 2022. This is expected to be achieved by slaughtering 49 million cattle, a slight increase from the 47.820 million slaughtered in 2022. The country's beef imports are forecasted to decrease slightly to 3.4 million tons in 2023, down from 3.502 million tons in 2022, due to the suspension of Brazilian beef exports to China. Domestic consumption is expected to rise to 10.779 million tons in 2023, up from 10.662 million tons in 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China should produce 7.4 million tons of beef (in carcass equivalent) in 2023, according to information released by the Gain Report bulletin, by attachés of the United States Department of Agriculture (USDA). The volume must exceed the 7.180 million tons produced in 2022. To reach this volume, the country must slaughter 49 million cattle next year, above the 47.820 million animals slaughtered in 2022. The country should import 3.4 million tons of beef, below the 3.502 million tons purchased in 2022. The forecast is that the country will export 21 thousand tons of beef in 2023, a volume slightly higher than the 20 thousand tons registered in 2022. With regard to imports, it is worth mentioning that the suspension of Brazilian exports of Brazilian beef to China, in view of the case of ...

Source: Beefpoint