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US Market Report U.S. livestock producers faced numerous setbacks and year of drought and the threat of animal disease outbreaks looming — with many effects likely lasting beyond 2023. Demand for U.S. red meat and poultry should remain strong at home and abroad. USDA . According to the report, beef prices in 2023 will likely incentivize heifer retention, after which modest herd growth is expected in the out years of the The U.S. hog sector grows moderately between 2023-2032. the pig crop increases. Broiler production is expected to continue increasing steadily between 2023-2032, driven by greater domestic most extreme due to an outbreak of Highly Pathogenic Avian The global demand for rendered products remains strong, with U.S. exports of total rendered products in 2022 at more products are driven by demand for pet food inputs, poultry feed by the same pet food and feed producers, but demand for drivers in the fat market. In 2022, Indonesia became the largest supply chain. Europe bore the brunt of the impact, including of the Russian invasion of Ukraine. The global feed sector drives demand for raw materials such an animal protein meals and fats. , feed production fell less produced in 2022. The survey includes data from more than 14 April 2023 Render www.rendermagazine.com
