This quarterly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in livestock and poultry. Covers beef and veal, cattle, pork, swine, broiler meat and turkey meat.

On Thursday, May 20, 2021 the government of Argentina imposed a 30-day ban on beef exports. The measure is intended to lower domestic beef prices by temporarily increasing the domestic supply. The implementing resolution exempts exports to markets where Argentina has negotiated quotas. In 2020, Argentina exported 652,177 tons of beef with about 53,000 being [...]

Japan's chicken meat production in 2021 is projected to remain flat from 2020. A domestic outbreak of highly pathogenic avian influenza will continue to put downward pressure on supply while the lingering effects of the COVID-19 pandemic slow recovery in foodservice demand. Imports are projected to increase only slightly in 2021 as high domestic prices [...]

While Korea’s overall demand for beef and pork remains strong, imports of these products have declined as a result of the global pandemic. COVID-related restrictions have limited Korea’s Hotel, Restaurant, and Institutional sectors where imported meat is heavily consumed. Conversely, Korea’s market shift to in-home dining has bolstered retail sales of domestically produced meat. Korean [...]

According to the Turkish poultry sector, chicken meat production in Turkey in 2021 is expected to grow 1.5 percent to 2.16 million metric tons (MMT) as demand for affordable protein sources to a growing population increases and the industry focuses on exporting to new markets. This growth forecast is lower than previous sector expectations due [...]

Indian water buffalo meat (carabeef) and beef (bovine) production in calendar year 2021 is projected to total about 4.1 million metric tons (MMT), three percent above the previous estimate. Rising cattle numbers and improvement in India's domestic supply chain support the anticipated expansion. Also, improving international demand will help lift carabeef exports to 1.4 MMT [...]

Mexico’s poultry production is expected to grow in 2021 despite a sluggish economic rebound and ongoing pandemic emergency measures hampering domestic demand. Chicken meat, as well as eggs and egg products, are expected to remain the most popular and affordable animal protein for consumers. In 2020, the poultry sector proved to be resilient in the [...]

Cattle stocks are projected to expand in 2021 as the pace of slaughter slows after a strong 2020. Slightly lower carcass weights are expected to keep beef production stable at around 475,000 metric tons (MT). Beef imports will struggle to rebound from a slow 2020 amid sluggish foodservice demand. Swine stocks are projected to expand [...]

Despite the challenges of the coronavirus pandemic and the further spread of African Swine Fever in wild boar westwards into Germany, EU pork production and exports broke a record in 2020. In 2021, a new production record is forecast which is anticipated to lead to increased competition on the global market. With a further contraction [...]

The Australia beef industry is finally showing signs of entering a much-anticipated herd rebuilding phase. This has firmed FAS/Canberra’s 2021 forecasts of lower cattle slaughter, cattle exports, beef production, and beef exports. With a reduced breeding herd and more females expected to be retained for breeding in 2021, overall cattle slaughter is expected to fall [...]