Beef cattle farming in Bolivia and Colombia has become more technologically advanced, but there is still a lack of investment to improve the production system

Published 2024년 8월 12일

Tridge summary

Brazil continues to dominate the global beef market as the second largest producer and top exporter, with record-breaking cattle slaughter and beef production in 2023. Meanwhile, Colombia and Bolivia are emerging as new players, leveraging productivity gains and new technologies to enhance both domestic meat availability and exports. Despite their progress, these countries face challenges in volume, consistency, and health standards. Experts, including Hyberville Neto of HN Agro, believe these emerging markets do not threaten Brazil but offer new opportunities. In Colombia, inefficient cattle sales and limited technological advancement mean most meat is sold domestically, although the cattle herd has grown significantly.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

When it comes to beef, Brazil continues to have a large advantage in the production, export and competitiveness of the protein, being the second largest producer, behind only the United States, and the global leader in exports. However, other countries have been competing on the outside in this race to get their share of this promising market. Information from the Brazilian Institute of Geography and Statistics (IBGE) shows that cattle slaughter in Brazil in 2023 reached 34.06 million heads, an increase of 13.7% compared to 2022, the second highest result in the research's historical series, behind only that recorded in 2013. The production of 8.95 million tons of carcasses was a record, also following the record export of Brazilian in natura beef, which reached 2.01 million tons in 2023. Economic factors, pandemics, and health crises (African Swine Fever in China) have contributed to the redesign of the global market for animal proteins, which has been accentuating and taking on ...

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