Browse Data and Analysis

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.

Beef production in 2024 is projected at 3.12 million tons carcass weight equivalent (CWE), down marginally from 2023, a year with high slaughter levels because of a severe drought.

Post forecasts a rebound in Korean poultry production for 2024, surmounting 2023 supply challenges to meet rising consumer demand for chicken meat.

FAS Bangkok estimates Thailand’s chicken meat production to marginally increase in 2023 amid a surge in exports, a slow recovery in the tourism sector and high feed costs.

Türkiye’s cattle inventories are forecast to contract in 2024 for the fourth straight year as farmers continue marketing their underweight animals ahead of schedule to minimize losses from rising input costs, especially feed.

FAS New Delhi (Post) in market year 2024 (January-December) forecasts India’s national cattle herd growing to 307.6 million head, up by some 135 thousand head from the U.S. Department of Agriculture (USDA) official 2023 estimate of 307.5 million head.

Spain’s swine sector expects a continued downward trend in swine and pork production in 2023 and 2024 to slightly less than 5 million tons of pork and below 55 million heads slaughtered.

Improved stocks at poultry breeder facilities and lower feed prices are forecast to increase chicken meat production by two percent in 2024.

The Brazilian economy is slowly recovering from the negative impacts of the COVID pandemic on its GDP growth, employment rates, and in most sectors of the economy.

India is the world’s largest producer of carabeef, a meat derived from the Asian water buffalo (Bubalus bubalis).

As notified in 2021, Korea’s Ministry of Food & Drug Safety (MFDS) will begin full implementation of its Positive List System (PLS) for veterinary drug residues in six food categories beginning January 1, 2024.

Most U.S. dairy facilities registered to ship dairy products to the People’s Republic of China (PRC) will have their registration status expire on August 31, 2023.