Global pork and chicken production is forecast to rise next year while beef production is expected to be lower. U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) recently released a report providing a glimpse into 2023’s animal protein production outlook.
According to the report, global beef production is forecast fractionally lower in 2023 as falling North America and EU production is expected to offset gains in Brazil, China, and Australia. Brazil production is expected to increase 1% based on firm global demand in key markets although higher input costs and a…
