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Table 1. U.S. beef industry
| Year | Averaged annual U.S. retail Choice beef price* | Retail equivalent value of U.S. beef industry | Total U.S. beef consump- tion | Value of U.S. cattle and calf production | U.S. beef production (commercial carcass weight) | U.S. beef exports (commercial carcass weight) | U.S. beef exports (value) | U.S. beef exports as percent of production |
|---|
| |
$/lb |
$ billion |
Billion lb |
$ billion |
Billion lb |
Billion lb |
$ billion |
Percent |
| 2002 |
3.32 |
60 |
27.9 |
27.1 |
27.09 |
2.447 |
2.629 |
9.0 |
| 2003 |
3.75 |
63 |
27.0 |
32.1 |
26.24 |
2.518 |
3.186 |
9.6 |
| 2004 |
4.07 |
70 |
27.8 |
34.8 |
24.55 |
0.460 |
0.631 |
1.9 |
| 2005 |
4.09 |
71 |
27.8 |
36.6 |
24.68 |
0.697 |
1.031 |
2.8 |
| 2006 |
3.97 |
71 |
28.1 |
35.6 |
26.15 |
1.145 |
1.617 |
4.4 |
| 2007 |
4.16 |
74 |
28.1 |
36.0 |
26.42 |
1.434 |
2.187 |
5.4 |
| 2008 |
4.33 |
76 |
27.3 |
35.6 |
26.56 |
1.996 |
3.014 |
7.5 |
| 2009 |
4.26 |
73 |
26.8 |
32.0 |
26.07 |
1.935 |
2.909 |
7.4 |
| 2010 |
4.40 |
74 |
26.4 |
37.0 |
26.41 |
2.300 |
3.839 |
8.7 |
| 2011 |
4.81 |
79 |
25.5 |
45.2 |
26.28 |
2.785 |
5.041 |
10.6 |
| 2012 |
4.99 |
85 |
25.8 |
48.2 |
26.00 |
2.453 |
5.114 |
9.4 |
| 2013 |
5.29 |
88 |
25.5 |
48.5 |
25.70 |
2.590 |
5.722 |
10.0 |
| 2014 |
5.97 |
95 |
24.1 |
60.8 |
24.30 |
2.573 |
6.520 |
11.0 |
*Note: BSE was confirmed in the U.S. cattle herd in late December 2003.
Sources: Estimates are from or are compiled from data from World Agricultural Supply and Demand Estimates, National Agricultural Statistics Service, Economic Research Service. |
Table 2. Cattle commercial slaughter and inventories
| Year | U.S. commercial slaughter | Cattle & calf inventories |
|---|
| Total | Steers & heifers | Cows | U.S. | Canada |
|---|
| Million head |
|---|
| 2002 |
35.735 |
29.4 |
5.8 |
96.7 |
13.8 |
| 2003 |
35.494 |
28.7 |
6.1 |
96.1 |
13.5 |
| 2004 |
32.728 |
27.0 |
5.2 |
94.4 |
14.6 |
| 2005 |
32.388 |
27.0 |
4.9 |
95.0 |
14.9 |
| 2006 |
33.698 |
27.8 |
5.4 |
96.3 |
14.7 |
| 2007 |
34.264 |
27.9 |
5.8 |
96.6 |
14.1 |
| 2008 |
34.365 |
27.5 |
6.3 |
96.0 |
13.8 |
| 2009 |
33.338 |
26.5 |
6.2 |
94.7 |
13.0 |
| 2010 |
34.249 |
27.1 |
6.5 |
94.1 |
12.7 |
| 2011 |
34.409 |
26.7 |
6.8 |
91.9 |
12.2 |
| 2012 |
32.951 |
25.8 |
6.6 |
91.2 |
12.2 |
| 2013 |
32.462 |
25.5 |
6.4 |
90.1 |
12.3 |
| 2014 |
30.170 |
24.1 |
5.5 |
88.5 |
12.2 |
| Sources: Estimates are from or are compiled from data from World Agricultural Supply and Demand Estimates, National Agricultural Statistics Service, Economic Research Service. |
U.S. livestock outlook/situation:
Table 3. Cattle commercial slaughter and inventories
| Year | U.S. cattle imports | U.S. beef & veal imports |
|---|
| Total | From Canada | Share from Canada | Total | From Canada | Share from Canada | Imports from Canada as share of U.S. beef consumptions |
|---|
| Million head | Percent | Billion lb, carcass weight | Percent |
|---|
| 2002 |
2.503 |
1.686 |
67.0 |
3.218 |
1.091 |
34.0 |
3.9 |
| 2003 |
1.752 |
0.512 |
29.0 |
3.006 |
0.74 |
25.0 |
2.7 |
| 2004 |
1.371 |
3/ |
<0.1 |
3.679 |
1.062 |
29.0 |
3.8 |
| 2005 |
1.816 |
0.559 |
31.0 |
3.599 |
1.092 |
30.0 |
3.9 |
| 2006 |
2.289 |
1.032 |
45.0 |
3.085 |
0.844 |
27.0 |
3.0 |
| 2007 |
2.495 |
1.405 |
56.0 |
3.052 |
0.789 |
26.0 |
2.8 |
| 2008 |
2.284 |
1.581 |
69.0 |
2.538 |
0.841 |
33.0 |
3.1 |
| 2009 |
2.002 |
1.061 |
53.0 |
2.627 |
0.812 |
31.0 |
3.0 |
| 2010 |
2.284 |
1.063 |
47.0 |
2.297 |
0.861 |
31.0 |
3.3 |
| 2011 |
2.107 |
0.686 |
33.0 |
2.056 |
0.689 |
34.0 |
2.7 |
| 2012 |
2.253 |
0.815 |
34.9 |
2.219 |
0.537 |
24.2 |
2.1 |
| 2013 |
2.03 |
1.04 |
51.1 |
2.250 |
0.538 |
23.9 |
2.1 |
| 2014 |
2.36 |
1.24 |
52.5 |
2.947 |
0.602 |
20.4 |
2.0 |
1/ Cattle shipments from Canada to the United States may include animals transshipped through Canada from Hawaii or Alaska.
2/ Some products imported from Canada could be made from animals originally exported from the United States.
3/ 135 head.
Sources: Estimates are from or are compiled from data from Economic Research Service. |
Table 4. U.S. meat and livestock imports/exports
| Year | Live animals | Beef products | Total sales |
|---|
| Billion $ Can |
|---|
| 2002 |
1.832 |
2.073 |
3.904 |
| 2003 |
0.592 |
1.378 |
1.970 |
| 2004 |
0.000 |
1.872 |
1.872 |
| 2005 |
0.628 |
1.781 |
2.409 |
| 2006 |
1.189 |
1.262 |
2.450 |
| 2007 |
1.545 |
1.133 |
2.678 |
| 2008 |
1.646 |
1.220 |
2.865 |
| 2009 |
1.122 |
1.149 |
2.271 |
| 2010 |
1.128 |
1.317 |
2.445 |
| 2011 |
0.890 |
1.196 |
2.086 |
| 2012 |
1.109 |
1.059 |
2.168 |
| 2013 |
1.357 |
1.145 |
2.502 |
| 2014 |
2.012 |
1.678 |
3.690 |
Note: Live animals = HS 0102; Beef products = HS 160250, 0201, and 0202.
Sources: Estimates are from or are compiled from data from the World Trade Atlas. |
Table 5. Top Markets for U.S. Beef
| Year | Japan | Mexico | South Korea | Canada |
|---|
| Volume | Value | Volume | Value | Volume | Value | Volume | Value |
|---|
| Million lb carcass weight | $million | Million lb carcass weight | $million | Million lb carcass weight | $million | Million lb carcass weight | $million |
|---|
| 2003 |
918 |
1,182 |
586 |
623 |
587 |
754 |
227 |
309 |
| 2004 |
12 |
31 |
333 |
393 |
1 |
2 |
56 |
105 |
| 2005 |
17 |
50 |
464 |
584 |
1 |
3 |
106 |
194 |
| 2006 |
52 |
105 |
660 |
786 |
1 |
4 |
239 |
415 |
| 2007 |
159 |
294 |
586 |
737 |
78 |
124 |
339 |
576 |
| 2008 |
231 |
439 |
759 |
895 |
152 |
291 |
389 |
683 |
| 2009 |
274 |
495 |
628 |
770 |
141 |
215 |
363 |
622 |
| 2010 |
351 |
662 |
500 |
669 |
277 |
504 |
391 |
731 |
| 2011 |
456 |
873 |
488 |
791 |
380 |
661 |
500 |
1,039 |
| 2012 |
449 |
1,000 |
352 |
647 |
305 |
548 |
467 |
1,189 |
| 2013 |
671 |
1,283 |
403 |
738 |
253 |
567 |
463 |
1,190 |
| 2014 |
662 |
1,420 |
435 |
942 |
301 |
825 |
364 |
1,053 |
1/ BSE was confirmed in a U.S. cattle sample in late December 2003. Before BSE, countries included accounted for over 90 percent of U.S. beef exports. Volumes on a carcass weight basis.
Sources: Estimates are from or are compiled from data from World Agricultural Supply and Demand Estimates, National Agricultural Statistics Service and Economic Research Service. |
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