Browse Data and Analysis

In 2025, beginning inventories and beef production declined due to the increased pace of slaughter in 2024. Beef consumption remains weak due to inflation, with a shift toward less expensive proteins such as pork.

FAS/Tokyo forecasts cattle inventory expands in 2025 on greater cow beginning stocks and a moderate pace of slaughtering from 2024.

Turkiye’s Minister of Agriculture and Forestry, Ibrahim Yumakli, announced the “2024-2028 Livestock Roadmap” in February 2024, following significant decreases in domestic livestock inventories.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

FAS/Tokyo projects Japan’s beef production in 2024 will be almost flat from 2023 because fewer cows will be culled now that milk production has dropped enough to match demand.

In January 2024 the Turkish government established an import quota for feeder cattle at 600,000 head. This number may be increased during the year as determined by the Ministry of Agriculture & Forestry and the Turkish Milk and Meat Board (ESK)...

Türkiye’s cattle inventories are forecast to contract in 2024 for the fourth straight year as farmers continue marketing their underweight animals ahead of schedule to minimize losses from rising input costs, especially feed.

FAS/Tokyo forecasts a drop in 2024 cattle inventory on greater slaughtering of dairy cows, slower calf production, and no live cattle imports in 2023 and 2024.

In April 2023, the Ministry of Agriculture, Forestry, and Fisheries (MAFF) implemented a special measure under the Compound Feed Price Stabilization System to augment feed compensation payments to livestock, poultry, and swine producers.

The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

In the past year, meat and milk prices have skyrocketed due to a variety of factors, among which are insufficient cattle inventories, high input costs, semi-effective government policies, and limitations on importing meat and live animals.