Dan’s Cow-Calf Corner Global Beef Update: Imports

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — The recent USDA Foreign Agricultural Service bulletin on Livestock and Poultry: World Markets and Trade provides a current summary of the major beef consuming and importing countries in the world. Total global beef consumption is forecast to increase slightly in 2022 with increased consumption in China, Brazil, India, Mexico and Japan and decreased total beef consumption in the U.S., European Union (E.U.), Russia, the United Kingdom (U.K.), and Canada. Total global beef imports are forecast to increase, representing about 17.5 percent of global beef consumption. Beef imports are forecast…

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