World beef trade will reach 11 million tons this year

Published 2021년 4월 22일

Tridge summary

The USDA predicts a 2.3% increase in beef exports by the end of 2021, totaling 11 million tons. Brazil is expected to be the primary exporter with a 24.6% share, followed by the US with a 13.6% share. This increase is attributed to economic recovery and a weaker currency, with Australia's exports expected to decrease by 5.8%, dropping to third place. The USDA also anticipates a decrease in exports from Argentina, New Zealand, and India due to a lower cattle availability for slaughter.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Beef exports by the end of 2021 could total 11 million tons, a volume that would be 2.3% higher than the accumulated last year, according to the United States Department of Agriculture (USDA). In this period, Brazil would be the main participant in international supply, with 24.6% of the commercialization, equivalent to 2.7 million tons, 7.3% above the 2020 records. In the US body they attributed this possible scenario to a recovery in the economy after the effects of Covid-19 (coronavirus) last year, as well as to a weakened Brazilian currency. The United States would be the second main exporter in 2021, increasing its sales volume by approximately 6.4%, reaching 1.4 million tons. This would be achieved thanks to a drop in Australian marketing of 5.8% over the previous year, which with 1.39 million tons positioned abroad, would move to third place worldwide. The USDA clarified that this would be due to a lower availability of cattle ready for slaughter, ...
Source: Ganaderia

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