Browse Data and Analysis

Traditionally, Ghana’s livestock sector mainly comprises cattle (for beef), sheep, goats, pigs (hogs), and poultry enterprises.

After three years of dry weather conditions which have challenged the Argentine beef cattle industry, Post estimates that Argentine cattle slaughter and beef production will both drop in 2023, in line with official USDA estimates.

Since hitting peak numbers in 2016, the New Zealand national cattle herd has been very gradually declining and this is expected to continue in 2023.

Cattle stocks decline in 2023 as farmers thin dairy herds to counter surplus production capacity. The resulting increase in domestic beef production will lower demand for imports in 2023.

The Australian cattle industry is expected to continue its strong herd rebuild in 2023 and Australian beef supply is expected to recover after falling to the lowest level in twenty-five years in 2021 and in 2022.

On February 24, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) issued an order pertaining to FSSAI Order TIC-20012/2021-IMPORTS-FSSAI (E2475), extending the compliance date for a third time for Imports of Milk, Pork, and Fish Products.

The People’s Republic of China (PRC) decision to end its zero-COVID policy restrictions is expected to improve demand for both pork and beef products in 2023.

High feed and energy prices and environmental restrictions are pressuring both cattle and swine farmers in the European Union (EU), leading to a reduction in operations.

In 2023, Post forecasts that cattle production will grow 1.3 percent, to 48.5 million cattle head, as the Brazilian cattle sector reaches its peak in the production cycle.