Global beef production is forecast to decrease slightly in 2023. Beef production decreases in the U.S. and European Union will more than offset increasing beef production in Australia and modest increases in Mexico and India. Changes in beef production and consumption will impact global beef exports and imports in the coming year.
Brazil is expected to remain the largest beef exporter with beef production increasing slightly in 2023. Brazil beef exports are limited by decreased beef imports in China. Beef exports from Brazil are significantly higher than the next three exporters. …
