Cattle Numbers

According to the U.S. Department of Agriculture in 2010: 34.2 million head (27.1 million steers and heifers and 6.5 million cull beef and dairy cows) were taken to slaughter in the U.S.  The  handling and processing attributes to millions of dollars.

Indian Exports Forecast to Escalate, Constraining Brazilian Expansion

Imports
A downward revision in the United States is driven by increased production, constrained
consumption as economic recovery is slower than expected and a weaker dollar a
relatively high-priced Oceania product hinders imports. Similarly, sluggish economic
recovery and elevated prices hinder Mexican and EU imports. The EU is also negatively
impacted by further reductions in Argentine exportable supplies.
Korea is revised upward on lower production, reduced pork supplies and rising consumer
confidence in U.S. beef.

Indian Exports Forecast to Escalate, Constraining Brazilian Expansion

Exports
Strong export growth by India is expected to continue. This expansion, paired with a
significant upward revision in the 2010 forecast, generates a substantially higher 2011
forecast. Comparatively low prices, a beneficial exchange rate, ample supplies and robust
Southeast Asian and Middle East demand are spurring shipments. In addition to
benefiting from increased market access and growing demand in key markets, India is
better able to compete with Brazil due to its price competitiveness. As a result, India is
expected to capture some market share from Brazil, the world’s leading exporter.
Therefore, growth in Brazilian exports is revised significantly downward.
The United States is forecast higher on a competitive dollar, strong Asian demand, and
tight Oceania supplies. Improved Asian market access spurs an increase for Mexico.
The EU is revised upward on ample supplies enabling shipments to Russia and the shortterm
sales to Turkey.
Lower than expected production reduces Argentina, which are forecast less than half of
the volume achieved just two years ago. Despite ample supplies, high prices cause
Uruguay to struggle to expand shipments, generating a downward revision.

2011 Trade Forecast Update: Part 2

Pork Higher; Beef and Broiler Meat Stable

Record global pork production is largely a function of efficiency gains in China, and higher slaughter
weights in the EU, which are expected to more than offset the foot-and-mouth disease (FMD) related
drop in South Korea. Expanded world trade is driven by strong demand from South Korea, China,
and the Ukraine.

Broilermeat production is forecast to expand on stronger demand and tight supplies of beef and pork
in most major producing countries. World trade remains virtually unchanged. Russia’s December
announcement of a 38 percent decline in the tariff rate quota (TRQ) volume to 375,000 metric tons
resulted in a significant downward revision to its import forecast. Chinese imports are forecast lower
as reduced U.S. shipments (as a result of market access issues) more than offsets higher shipments
from South America. Brazilian and U.S. exports are revised lower, offsetting larger exports from the
EU and China on strong demand from Asian and African markets.


www.fas.usda.gov/dlp/circular/2011/livestock_poultry.pdf

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World Trade Virtually Unchanged

BROILER MEAT: 2011 REVISED FORECAST OVERVIEW

Imports
The December announcement of a reduction in Russia’s TRQ resulted in a significant downward revision in Russia’s expected imports.
Mexico and the Philippines forecasts are raised on strong demand for mechanically deboned meat.
Some African markets are revised higher on strong demand, e.g. Angola, Benin, and South Africa.
The forecast for Saudi Arabia is increased as production gains are unable to keep pace with growing demand.
Japan is raised on increased demand and short-term disruption in production due to the tsunami and earthquake.
EU is revised lower on more stringent regulations.
China’s forecast is revised lower on continued antidumping and countervailing duties on U.S. product.

Major Exporters 2010

in MMT
Brazil 1.6
Australia 1.4
United States 1.0
India 0.9
Canada 0.5
World 7.6
U.S. Percent 14%
Million Metric Tons/MMT
Carcass Weight Equivalent