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Post expects livestock numbers and beef production to continue their decrease through 2025. Beef production efficiency remains low, with the majority of beef derived from dairy and dual-purpose animals.
Both EU beef and pork production, as well as exports, are forecast to temporarily increase this year. Beef production will increase because of high carcass and beef prices combined with an overall dim outlook for the sector, incentivizing farmers to slaughter their cattle.
The Bulgarian livestock industry is experiencing strong production growth in 2024, following the expansion of swine numbers and commercial cattle numbers in 2023.
In 2023, Ukraine's cattle inventory and beef production remained on a three-decade-long downward trend. The decrease in consumer numbers and comparatively high beef prices resulted in a domestic consumption drop and increased exports of both live cattle for slaughter and beef.
While EU beef production is forecast to further decline in 2024 due to a structural unprofitability of the sector and mounting environmental regulations, the EU pork supply is projected to rebound in 2024.
The Swedish Veterinary Institute (SVA) announced it found African Swine Fever (ASF) in 13 dead wild boars.
Both EU beef and pork production are trending down to record lows in 2023 and 2024.
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.
Spain: Spanish Swine and Pork Production Driven Down by Lower Exports and Animal Welfare Regulations
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.
On June 22, Bosnia and Herzegovina’s (BiH) State Veterinary Office (SVO) reported its first case of African Swine Fever (ASF) to the World Organization for Animal Health (WOAH).
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
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.