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The efficiency of Ukraine’s beef production remains low, with most beef derived from dairy animals.
Post expects livestock numbers and beef production to continue their decrease through 2025. Beef production efficiency remains low, with the majority of beef derived from dairy and dual-purpose animals.
Paraguayan beef exports in 2025 are forecast down at 450,000 tons carcass weight equivalent with an expected smaller beef supply after a very large slaughter in 2024.
Both EU beef and pork production, as well as exports, are forecast to temporarily increase this year. Beef production will increase because of high carcass and beef prices combined with an overall dim outlook for the sector, incentivizing farmers to slaughter their cattle.
The Bulgarian livestock industry is experiencing strong production growth in 2024, following the expansion of swine numbers and commercial cattle numbers in 2023.
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.
In 2023, Ukraine's cattle inventory and beef production remained on a three-decade-long downward trend. The decrease in consumer numbers and comparatively high beef prices resulted in a domestic consumption drop and increased exports of both live cattle for slaughter and beef.
While EU beef production is forecast to further decline in 2024 due to a structural unprofitability of the sector and mounting environmental regulations, the EU pork supply is projected to rebound in 2024.
The Swedish Veterinary Institute (SVA) announced it found African Swine Fever (ASF) in 13 dead wild boars.
Both EU beef and pork production are trending down to record lows in 2023 and 2024.
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.
Ukraine’s cattle inventory is expected to remain on its historical downward trend in 2023 and 2024. Exports of live cattle and beef will remain strong as lower disposable incomes result in decreased domestic demand.