Five countries hold 67% of production among the largest beef producers in the world

Published 2023년 3월 28일

Tridge summary

A USDA report has found that total beef production in the top five beef-producing countries is projected to decrease by 0.4% in 2023, with the largest producers expected to decrease by 1.5%. The United States remains the largest producer, but is projected to see over a 4% drop, while Brazil is expected to grow by 2%. China, the European Union, and Argentina are expected to decrease in volume. Together, these five countries account for 67% of the total beef produced among the largest producing countries.

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

Original content

A report released by the USDA at the opening of this year points out that total beef production by the main producing countries tends to show a slight drop of 0.4% during 2023. The five largest producers, in turn, may show a drop rate more accentuated, around 1.5%. The United States remains the largest producer with just over 12 million tons produced, equivalent to 20% of world production. It points, however, to an annual drop of more than 4%. Brazil, in second position, will produce almost 10.6 million, increasing its volume by 2% and representing 18% of the globalized total. China, the third largest producing country, may increase its annual volume by more than 3%, while the European ...

Source: Portal Do Agronegocio