The US is forecast to decline by 4pc to 11.3 million tonnes.
Beef production in the EU is also forecast to drop about 1pc, in response to lower industry protection and higher production costs.
Korea is also forecast to drop production 10pc next year, as a result of a decline in cattle prices and the implementation of government policy encouraging cattle slaughter this year.
Meanwhile, beef production in India continues to expand, forecast to rise by 14pc next year to almost 4.2mt.
India’s exports are forecast to be 29pc higher in 2013, reaching an all-time record of 2.16mt, comparable with Brazil’s world-record exports of 2.19mt set in 2007.
India now accounts for about a quarter of world beef trade, up from 8pc in 2009.
Brazil is also forecast to increase beef production by 2pc next year reaching 9.4mt, supported by strong domestic demand.
Brazil is also likely to export more beef, because of its weaker currency.
Argentina’s national cattle herd and beef production is also likely to grow next year, while Australia is forecast to rise 2pc in beef production.
