How is the global scenario of livestock farming globally?

Published Dec 17, 2024

Tridge summary

The USDA forecasts a decrease in beef production in 2025 due to restrictions in Mexico's livestock industry, leading to fewer animals in feedlots. Meanwhile, Uruguay sees a significant increase in domestic meat consumption, particularly beef, reaching a nine-year high. Brazil experiences a drop in live cattle prices due to weak demand and a steady supply of slaughter-ready animals. Lastly, China's stocks of imported beef continue to decline, and Argentina's November data shows an increase in the volume of certified meat cuts for export.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In its latest report on beef production forecasts, the United States Department of Agriculture (USDA) anticipates a reduction in its beef production forecasts for 2025 due to Mexico's current livestock restrictions. This would imply the entry of fewer animals into feedlots throughout the year, with a consequent reduction in beef production, particularly in the second half of 2025. According to the USDA, 11.67 million tons would be reached, almost 600,000 tons less than expected for the current cycle. Uruguay Nine-year high for domestic meat consumption. In his annual presentation on the big numbers of the meat chain, Jorge Acosta, INAC's Information Manager, showed data confirming an increase in the volumes of total proteins destined for the domestic market. During the first ten months of the year, total meat consumption would have grown by 6.9% year-on-year, led by a 9.8% increase in beef compared to 2023. This growth was more pronounced in national meat (+10.6%) compared to ...
Source: Agromeat

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