The latest “Livestock and Poultry: World Markets and Trade” report issued by USDA’s Foreign Agricultural Service in April provided updates and forecasts of beef, pork, and chicken meat production, consumption, exports, and imports for the major countries in each market.
Global beef production is projected to increase slightly in 2023 with decreased production in the U.S., the largest beef producing country, but continued growth in beef production in Brazil, the number two beef producer as well as number three China. Beef production is projected to be steady to slightly lower in…