Uruguay: Livestock and Products Annual

The Uruguayan beef and cattle industry is in very good economic condition. Strong foreign demand and very high export prices are benefiting all parts of the value chain with cow-calf and cattle finishing operations seeing strong, positive returns. 2023 cattle slaughter is projected at 2.56 million head, the third year in a row with high numbers. Beef production is forecast at 653,000 tons carcass weight equivalent (CWE), with exports rising to 543,000 tons CWE. Uruguay is expected to continue shipping 65-75 percent its total exports to its largest market, China, with the United States and European Union being the second and third most important markets, respectively.