In 2023, the cattle supply in Brazil stood at 242.00 million units (Heads). Based on forecasted data, the cattle supply is expected to reach 243.57 million units in 2024, exhibiting a year-on-year increase of approximately 0.65%. The supply is projected to continue rising in the subsequent years: 244.75 million units in 2025 (0.49% increase), 245.92 million units in 2026 (0.48% increase), 247.08 million units in 2027 (0.47% increase), and 248.23 million units in 2028 (0.46% increase). Over the last five years, the Compound Annual Growth Rate (CAGR) is expected to be around 0.49%.
Future trends to watch for include:
- Potential impacts of climate change and environmental policies on cattle farming.
- Technological advancements in livestock management and breeding practices.
- Shifts in global demand for beef and related products.