Tridge summary
The USDA forecasts a global increase in beef production by 2.37% in 2024, reaching 61.38 million tons, with the United States, Brazil, and China being the leading producers. The United States is the largest producer, followed by Brazil, China, the European Union, India, and Argentina. Brazil's beef production is expected to decrease by 4.3% in 2025 due to a reversal in the livestock cycle, while the USDA predicts Brazilian beef production to slightly decrease to 11.75 million tons in carcass equivalent in 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Beef continues to grow worldwide. According to the most recent report from the United States Department of Agriculture (USDA), released in October, global production is expected to increase by 2.37% in 2024, reaching 61.38 million tons. According to the USDA, the United States, Brazil and China lead the ranking of producing countries. Together, the volumes of the three countries represent more than half of all beef produced in the world. See below: The USA leads the world ranking, with an estimated 12.3 million tons of beef, which represents approximately 20% of global production. With strong investment in technology and large tracts of land dedicated to livestock farming, the country remains a reference in the sector and exports large volumes to markets such as Mexico and Japan. Brazil remains the second largest producer of beef, with a production of 11.9 million tons, representing approximately 19.5% of the world total. The strength of Brazilian livestock farming combines high ...
Source: Beefpoint
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