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Gap between quantity of beef exported and quantity imported expected to narrow over next decade

  • Agricultural Baseline
Line chart showing the gap between the quantity of beef exported and the quantity imported, in billions of pounds, from 2000 projected through 2034.

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Producers decide whether to expand or sell their livestock herds or flocks based on market prices for cattle, hogs, and chickens. Pricing and the resulting production decisions determine livestock cycles, with different outcomes for the different types of animals.

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