Page 23 - MWC 3-9-2023s

Imports of fresh beef from The Midwest Cattleman · March 9, 2023 · P23
Brazil in late 2022 faced a
higher out-of-quota tariff
after the quota was filled in
April. Imports from Canada
in December increased 30%
year over year, only partly
offsetting the decrease from
Brazil.
Fourth-quarter imports
were 750 million pounds,
making the annual total
3.391 billion pounds. This
was a year-over-year increase
of just over 1%. Imports from
Brazil constituted the largest
increase. Its share of imports
increased to 14%, making it Green
the third-largest supplier of Green
imports to the U.S. A major-
ity of this increase was from
Springs
fresh beef rather than pro-
cessed or heat-treated beef; Springs
the USDA Food Safety and
Inspection Service lifted a
ban on fresh beef from Bra-
zil in 2020, and imports have Performance & Feed Efficiency Tested
grown significantly since
BULL
then. Canada and Mexico re-
mained the top suppliers of
Females
beef to the U.S. in 2022, in- BULL
creasing year over year at 3% & Females
and 10%, respectively.
Imports from New Zea-
land showed the largest de- MARCH
cline from the previous year, SALE
down 22%, while imports SALE 27
from Australia were down
3%. According to data from MONDAY,1:00
the Trade Data Monitor, total
exports from both Australia
and New Zealand were lower
year over year by 4% and 5%,
respectively. The increase in
fresh beef from Brazil offset
a large portion of the decline
in imports from Oceania.
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