Beef Balance Sheet:  Supplies projected up 25 million pounds

Beginning beef stocks for 2021 are projected at 716 million pounds, unchanged from last month.

Beef production for 2021 is projected at 27.709 billion pounds, up 60 million pounds from last month.

Beef imports for 2021 are projected at 2.9 billion pounds, down 35 million pounds from last month.

The U.S. beef supply for 2021 is projected at 31.325 billion pounds, up 25 million pounds from last month.

Beef exports for 2021 are projected at 3.145 billion pounds, unchanged from last month.

Total use (consumption) for 2021 is projected at 27.535 billion pounds, up 25 million pounds from last month.

Ending beef stocks for 2021 are projected at 650 million pounds, unchanged from last month.

Per capita beef consumption for 2021 is projected at 58.1 pounds, up 0.1 pounds from last month.

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