Browse Data and Analysis

Argentine beef exports in 2025 are projected at a record 860,000 tons, carcass weight equivalent (cwe) as beef production is forecast to increase marginally.

On June 27, 2024, the Egyptian Ministry of Trade and Industry signed Decree No. 361/2024. The Decree extended the shelf-life validity period for imported frozen beef liver from seven to twelve months and for frozen fish from six to ten months. The decree is valid for six months, as of July 1, 2024, and expires on December 31, 2024.

Argentine beef exports in 2024 are projected up at 920,000 tons carcass weight equivalent, 20,000 tons higher than USDA official.

Egypt's economy is under pressure due to rising inflation and the impact of Russia's invasion of Ukraine -- Egyptian food prices are rising and U.S. dollars are increasingly hard to access.

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.

On June 26, 2023, Egypt’s Minister of Trade and Industry (MTI) signed Decree No. 233 /2023.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

After three years of dry weather conditions which have challenged the Argentine beef cattle industry, Post estimates that Argentine cattle slaughter and beef production will both drop in 2023, in line with official USDA estimates.

In 2022, the Egyptian government announced that feed costs increased by 40 to 45 percent. Beef prices also increased by 15 to 20 percent, discouraging per capita consumption. Prices are expected to continue increasing in response to the ongoing devaluation of the Egyptian pound and complex import procedures. Imports of Indian water buffalo increased to reach 150 thousand MT, while Brazilian beef imports are still limited.

Argentine cattle stock, cattle slaughter, beef production, consumption and export volumes are all forecast to remain practically unchanged in 2023. China is expected to continue as the main export destination, potentially accounting for more than 70 percent of the 770,000 tons carcass weight equivalent (CWE) projected exports. Despite strong global beef demand and good prices, current, government imposed, export restrictions are projected to prevent Argentina from shipping larger volumes.