USDA: US beef production to fall by 4% in 2012
The US cattle herd is expected to continue to shrink in 2012, while pork production will increase, according to a USDA report.
The lower supply of cattle will reduce beef production by about 4% this year to 11.385 million tons. On January 1, the US cattle herd totaled 90.8 million head, the lowest level since 1952. Last year, the drought in the Southern US destroyed pastures, forcing farmers to reduce their herds.
Pork production, in turn, is expected to grow by 2% this year, to 10.523 million tons, according to the USDA.
Information provided by Valor Econômico and Bloomberg