Brazil's "Valor Economico" reported that according to the US Department of Agriculture's forecast, Brazil's beef exports will exceed 3 million tons this year, an increase of nearly 4% year-on-year, accounting for a quarter of the world's total beef trade exports. According to USDA estimates, Brazil's beef output this year should reach 10.57 million tons, a year-on-year increase of 2.13%, and global beef output is 59.15 million tons, slightly lower than the previous year's level.