Beef production in Brazil should grow in 2024, says USDA

Published Mar 4, 2024

Tridge summary

The United States Department of Agriculture (USDA) projects that Brazil will produce 11.365 million tons of beef in 2024, up from 10.950 million tons in 2023, requiring the slaughter of 46.15 million cattle. Beef exports are expected to reach 2.955 million tons, while domestic consumption is predicted at 8.465 million tons. Additionally, the USDA forecasts a production of 4.475 million tons of pork, necessitating the slaughter of 47.64 million pigs, with exports at 1.5 million tons and domestic consumption at 3.177 million tons.

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Original content

Brazil is expected to produce 11.365 million tons of beef (in carcass equivalent) in 2024, according to information released by the Gain Report bulletin, from attachés of the United States Department of Agriculture (USDA). The volume should exceed the 10.950 million tons registered in 2023. To reach this volume, the country must slaughter 46.15 million cattle in 2024, above the 44.41 million animals registered in 2023. The forecast is that Brazil will export 2.955 million tons of beef, surpassing the 2.898 million tons shipped last year. Domestic consumption is expected to be 8.465 million tons this year, ahead of 8.107 million tons in 2023. In the case of pork, the USDA predicts production of 4.475 million tons. To reach the volume, the country must slaughter 47.64 million pigs this year, ...

Source: CanalRural