USDA warns the growth of world beef production this year will be reversed, there will be contraction in 2023

The United States Department of Agriculture (USDA) projected that by the end of this year, the production of bovine meat worldwide will amount to 59.3 million tons, 1.7% above 2021, however by 2023, the situation will be reversed. , since a contraction of 0.2% is predicted, this derived from ups and downs in the performance of the main producing regions. YOU MAY BE INTERESTED: Next year, the USDA anticipated, the world beef trade will drop by 100,000 tons The USA remains the main producer, although with decreases This year, the US would remain the main producer of this animal protein, with 12.8 mt., just 0.6% more compared to 2021; although, for 2023, a year-on-year drop of 6.2% is expected, remaining at 12 mt. In the report "Livestock and poultry: world markets and trade", it was indicated that the estimated contraction for the following year would be due to the drought conditions faced by the sector, which will lead to an accelerated rate of slaughtering and lower cattle ...