Cattle - International Trade
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A surge in the cull cow kill, forecast to be up 15% compared to the same period last year, along with an increased calf kill, will likely result in a 3 percent increase.
The erosion of Canada's feed cost advantage, the closure of a cow cull plant and developments at a major beef packer will significantly drive cattle exports up.
Argentine cattle and beef projection for 2013 reported in September 2012 remains practically unchanged.
High red meat prices and a strong Ukrainian currency led to meat import growth to historically high levels in 2012.
India is on track to tie or possibly overtake Brazil as the world’s largest exporter of beef in 2012.
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