Browse Data and Analysis

India’s 2025 beef production (mostly carabeef) is forecast to reach 4.64 million metric tons (MMT), up from 4.57 MMT in 2024, on steady domestic and increased export demand.

U.S. agricultural exporters of consumer-oriented products are well-positioned to increase sales to Guatemala. In 2023, U.S. consumer-oriented export values reached a third-consecutive record on 15 percent growth from the previous year (Figure 3).

The beef sector in Israel is growing and is heavily reliant upon imports. Israel’s lack of grazing land for cattle and an increasing population are the main factors contributing to the growth in demand for beef imports.

After the 2023 outbreak of bluetongue disease in Europe, the bluetongue virus (BTV-3) has now spread to three Nordic countries. Denmark encountered the first case of bluetongue disease on August 9, Norway on September 6, and Sweden on September 12.

The United States has become a leading supplier of beef products to China since its reentry into the market in 2017. This report reviews the development of the beef market, analyzes prospects, discusses potential opportunities, and examines in detail the distribution channels of beef products in the China market.

FAS Manila forecasts beef imports to remain flat at 200,000 MT Carcass Weight Equivalent (CWE) in 2024 because of low demand for imported beef.

The Canadian cattle herd is forecast to sustain the long-term trend of contraction in 2024. Drought impacts will see cow and heifer slaughter increase proportionally to herd size in 2023, limiting any growth potential.

Since reaching peak numbers in 2016, the New Zealand national cattle herd has been gradually declining, and this is expected to continue in 2024.

Both EU beef and pork production are trending down to record lows in 2023 and 2024.

Uruguayan beef exports in 2024 are forecast slightly up at 467,000 tons carcass weight equivalent as a result of a projected larger beef output with a marginal increase in the domestic demand.

Highlight: Beef production and exports in 2024 are projected to increase marginally. Exports at 445,000 tons carcass weight equivalent would be the second highest on record.

Australian beef supply is forecast to recover in 2024 to the point of reaching the sixth highest production on record.