Tridge summary
The United States Department of Agriculture (USDA) has released new projections for the global meat market, predicting a record 12.3 million tons in beef exports in 2024. This is despite a decrease in beef production in Argentina and the United States. The total beef production is expected to rise to 60.4 million tons, with significant increases in Brazil and Australia. However, the global meat trade is being dampened by falling imports from China, although the USDA anticipates that this will not significantly impact the overall total. Southeast Asia and the Middle East are expected to see strong demand in 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In the latest projection published by the United States Department of Agriculture on the world meat market, the estimate of beef production has been revised, which has been reflected in new increases in exports, which will reach record levels. of 12.3 million tons. Production The main In the latest projection published by the United States Department of Agriculture on the world meat market, the estimate of beef production has been revised, which has been reflected in new increases in exports, which will reach record levels. of 12.3 million tons. Production The main changes were introduced in Argentina and the United States, which will have falls compared to 2023, lower than what was calculated last January. Production would total 60.4 million tons of beef, 378 thousand tons above last year, with substantial increases in Brazil and Australia. China and India. The recovery of the livestock stock and the improvement in climatic conditions will be reflected in greater slaughter and an ...
Source: Agroruralnoticias
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