Tight Supplies to Persist as World Production Virtually Unchanged
Tight Supplies to Persist as World Production Virtually Unchanged Australian production is revised slightly upward as improved pasture conditions generate heavier weights.
Strong U.S. fed cattle prices and increased feeder cattle imports from Mexico are expected to drive slaughter higher than previously forecast, spurring increased production.
Argentina is forecast lower due to heavier weights not offsetting a downward revision in slaughter. Conditions encourage producers to herd rebuilding.
The historical Russian cattle and beef/veal data series is revised.
www.fas.usda.gov/dlp/circular/2011/livestock_poultry.pdf
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