Agents in the Brazilian beef cattle sector are apprehensive about the announcement of a 50% tariff on Brazilian exports to the United States. According to Cepea researchers, the impact of this news has been compounded by the weak pace of domestic meat sales.<\/p>\n
The result has been a sharp slowdown in the slaughter animal business and weakening prices for both slaughter animals and meat. The United States is the second-largest buyer of Brazilian beef, accounting for 12% of exports, behind only China, which accounts for 49%.<\/p>\n
Data from Secex show that, in June\/25, the volume purchased by the North Americans was already the lowest since December\/24. Even so, total exports of Brazilian beef in that month had the second best performance of the year (totaling almost 270 thousand tons).<\/p>\n
Cepea researchers indicate that much of the compensation in June came from increased shipments, particularly to China, which has been increasing its purchases monthly since February.<\/p>\n
Cepea researchers point out that, in March and April, US companies purchased record volumes of beef, over 40,000 tons each month, in a possible stockpiling move amid fears that the US president would increase tariffs on international trade.<\/p>\n<\/div>\n