Exports of fresh and frozen beef from Brazil have been strong in 2020, and are set to stay that way.
The USDA has been expecting production and exports to be higher in 2020. In its April outlook, Brazil’s beef production was forecast to increase by 1.1% to 10.3 million tonnes in 2020. Beef exports were forecast to increase by 8%, to 2.5 million tonnes (cwe), driven by continued demand from China and Hong Kong. Consumption was forecast to fall by 1%, although it may be that this is conservative.
By Duncan Wyatt via AHDB