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2025 global beef production declines due to production drops in the US and Brazil, with Australia and South America gaining market shares.
Rabobank's Global Beef Quarterly report forecasts a decline in global beef production for the upcoming quarter and into 2025, despite expected increases in Australia.
Key beef-producing nations, including the US and Brazil, are experiencing production drops.
In China, the largest beef importer, consumer preferences are shifting towards affordable, high-quality proteins, benefiting South American suppliers in low to medium-end markets, while Australia and the US focus on higher-end segments.
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