The cattle supply in China is predicted to see a steady increase from 2024 to 2028. The expected values in million units (heads) are as follows: 159.03 in 2024, 163.41 in 2025, 167.74 in 2026, 172.03 in 2027, and 176.27 in 2028. From 2023 to 2024, the data shows a noticeable increase, and this trend continues into the subsequent years. The year-on-year growth percentage is consistent, reflecting a positive outlook in the cattle market over the medium term.
Future trends to watch for include:
- Potential fluctuations in global feed prices, which may affect domestic production costs.
- Changes in consumer demand for beef and dairy products within China.
- Government policies related to agriculture and trade that may impact supply levels.
- Technological advancements in cattle breeding and management that could enhance productivity and growth rates.