US beef exports reached record heights in 2021, with beef export values surpassing USD 10 billion and volumes exceeding 1.4 million mt. The US’s cattle and calves inventory count was estimated at 91.9 million head at the beginning of 2022, down 2% from the start of 2021 mainly due to low dollar contribution per head and drought-related herd liquidation across the west. Feed availability is limited and the effects of long-term drought conditions remain a concern ahead of the 2022 grazing season.
Table of Content
Part I - Quarterly Issues
1.1 Price and Production Updates
1.2 Trade Suspensions and Disease Outbreak
1.3 Export Results in 2021
Part II - Quarterly Summary