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In 2025, Post forecasts both pork and beef production to decline. Lower domestic beef production is expected to help fuel further beef imports. However, Post forecasts pork imports in 2025 to remain at similar levels to 2024. Post forecasts pork consumption to decline in 2025 because of headwinds facing the economy and higher domestic pork prices.

In 2023, Morocco was the second-largest export market for U.S. agriculture on the African continent, importing over $610 million in U.S. agricultural products, accounting for over 16 percent of all U.S. exports to Africa. The United States has seen total exports quadruple and agricultural exports double since entering into a free-trade agreement (FTA) with Morocco in 2006.

The Bulgarian livestock industry is experiencing strong production growth in 2024, following the expansion of swine numbers and commercial cattle numbers in 2023.

This quarterly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade...

Turkiye’s Minister of Agriculture and Forestry, Ibrahim Yumakli, announced the “2024-2028 Livestock Roadmap” in February 2024, following significant decreases in domestic livestock inventories.

Hong Kong classifies ground meat as prohibited meat under its food legislation. Importers are required to secure a permit from Hong Kong authorities to allow the entry of U.S. meat shipments prior to arrival at Hong Kong’s port.

On July 1, 2024, the United States and Republic of Korea agreed to the labeling requirements outlined in this report regarding storage state for U.S. red meat and poultry products and U.S. processed red meat, poultry, egg, and dairy products.

On June 27, 2024, the Egyptian Ministry of Trade and Industry signed Decree No. 361/2024. The Decree extended the shelf-life validity period for imported frozen beef liver from seven to twelve months and for frozen fish from six to ten months. The decree is valid for six months, as of July 1, 2024, and expires on December 31, 2024.

U.S. agricultural exports are a critical source of farm income. The USDA Economic Research Service estimates that on average 23 percent of the output of nonmanufactured agricultural products were exported between 2013 and 2022.

Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

Nicaragua reported an outbreak of New World screwworm to the World Organization for Animal Health following confirmation of a sample collected on March 12, 2024. Nicaragua is the largest cattle producer in Central America and last detected screwworm in 1996.

This quarterly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade...