GAIN Reports from March 14, 2023

The following GAIN reports were released on March 14, 2023. _______   Argentina: Livestock and Products Semi-annual After three years of dry weather conditions which have challenged the Argentine beef cattle industry, Post estimates that Argentine cattle slaughter and beef production will both drop in 2023, in line with official USDA estimates. If weather conditions begin to normalize in March and April with the end of the La Nina climate pattern, improvements in pasture conditions could permit producers to retain more cattle, potentially leading to higher prices. A reduction in beef output will be reduce both domestic consumption and exports relative to 2022. Post raises its 2023 export estimate to 780,000 tons carcass weight equivalent (CWE), marginally higher than the official USDA number, but 45,000 tons CWE lower than in 2022. China is expected to continue to be the main destination of Argentine beef, accounting for approximately 75 percent of the total.   New Zealand: Food Processing Ingredients Despite being a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country requiring inputs imported from other suppliers. The United States is a key source of ingredients including pork, lactose, tree nuts, hops and other products. The United States also supplies ingredients for animal feed.   For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by USDA Foreign Agricultural Service. This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: USDA Foreign Agricultural Service · 1400 Independence Avenue, SW · Washington, DC 20250