The world beef market begins to recover

Introduction: the "mad cow disease" that ravaged western countries last year has brought a fatal impact on the world beef market The majority of consumers "talk about the color change of cattle", and they are generally afraid of eating beef However, one year later, as the shadow of BSE gradually subsided, the world beef market began to recover According to the forecast of the U.S Department of agriculture, the global beef export volume is expected to reach 6 million tons in 2002, an increase of 4% over 2001 It is predicted that Australia's beef export will exceed 1.4 million tons this year, and it will still lead the world beef market At present, Australian exporters are striving to expand their beef market share in Canada, South Korea and Mexico The U.S beef exports will decrease this year due to favorable domestic market prices and sharp contraction of beef demand in the Japanese market It is estimated that the total beef exports for the whole year will be 993000 tons (last year, it was 10.3 million tons) In recent years, Brazil has become a strong competitor for Australian and US beef exports Brazil took advantage of last year's mad cow disease epidemic in Europe to launch a massive propaganda war in EU countries Brazil's advertisement of "Brazil's ecological pure meat" can be seen everywhere in Europe and is widely known It has successfully expanded its beef market share in EU countries, China, Israel, Egypt, Iran and Saudi Arabia Brazil is expected to provide 800000 tons of beef to the world market in 2002, of which 638000 tons will be exported to EU countries, an increase of 20% over 2001 Canada's beef exports have continued to increase in recent years, and it is expected that this year's total exports will reach 580000 tons The main buyer of Canadian beef is the United States American beef imports from Canada and Mexico account for 80% of Canadian and Mexican beef exports Argentina's beef exports are expected to grow to 230000 tons this year, after shrinking sharply last year due to the foot-and-mouth disease epidemic This will help Argentina recover its share of the export market, especially in the EU countries But Argentina's beef exporters are likely to face strong competition from Brazilian exporters In terms of beef imports, the United States will remain the largest buyer of beef in the world this year It is expected that the United States will purchase 1.47 million tons of beef in 2002, an increase of 3% over 2001 The largest beef suppliers in the United States will be Canada, Austria and New Zealand Japan is the second largest beef importer in the world It is estimated that Japan's beef import in 2002 will be reduced from 955000 tons in 2001 to 880000 tons This is mainly due to the sharp contraction of beef consumption nationwide after the discovery of the first case of BSE in Japan Still, Japan is the biggest buyer of American beef Russian beef imports from the United States will increase from 675000 tons in 2001 to 750000 tons in 2002 EU beef imports are expected to increase to 467000 tons this year, up 14% from 2001 This will help to increase beef consumption and restore the traditional market supply of South American suppliers Mexico will buy 430000 tons of beef this year, mainly from the United States, due to rising incomes and the rapid development of the public catering industry Due to the economic recovery, the rise of the Korean won exchange rate and the breaking of the beef trade barrier, South Korea's beef import will increase from 246000 tons to 340000 tons in 2002 Canada will import 320000 tons of beef in 2002 Canada will import fresh beef and chilled meat from the United States and chilled meat from Australia, New Zealand and Uruguay.