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USDA Livestock & Poultry: World Markets & Trade


17 April 2015

USDA Livestock & Poultry: World Markets & Trade - 17 April 2015USDA Livestock & Poultry: World Markets & Trade - 17 April 2015


USDA Livestock & Poultry: World Markets & Trade

Beef and Veal

• Exports by major traders are revised nearly 3 percent higher from the October forecast to a record 10.2 million tons. Larger shipments from India and to a lesser extent the EU and Paraguay more than offset declines by Brazil, Uruguay, and the United States. Imports by a number of oil-reliant countries including Russia are reduced significantly on economic challenges such as declining oil revenues and weaker currencies.

• U.S. production is revised up 2 percent to 11.1 million tons on higher cattle weights. Exports are revised 4 percent lower to 1.1 million tons due to a stronger dollar.

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