In 2023 beef exports would fall 1% and imports 2%, says USDA

n 2023, world exports of beef will reach 12.1 million tons, 1% less than this year, and imports will fall 2%, according to the most recent report from the United States Department of Agriculture (USDA).

The outlook is for lower import demand, particularly for finer cuts, as the economic impact of zero-Covid policies damages confidence and disrupts foodservice operations. Among importers, the most relevant change is that corresponding to China: where purchases of 2.3 million tons are forecast, which represents a reduction of 600,000 tons compared to estimates for 2022.

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