USDA forecasts decline in global beef production by 2025

In 2025, global beef production is expected to fall by nearly 500,000 tons to 60.9 million tons, due to significant declines in the United States, Brazil, and the European Union. This is indicated in the most recent report from the United States Department of Agriculture (USDA), which indicates that after five years of uninterrupted growth, reaching a record production of 61.4 million tons this year, the cycle change that many international analysts have already been anticipating is finally taking place. In the case of Brazil, the first significant drop in production in ten years is expected, with 100,000 of the additional 500,000 tons it is bringing to market this year being cut, going from 11.85 million this year to 11.75 million expected for 2025. The reduction of its livestock stock for the second consecutive year creates limitations that will force it to slightly moderate its export expansion. In the case of the European Union, a reduction of 100 thousand tons of production ...