Brazilian fresh beef exports reached 276,900 tons in July, the highest volume ever, up 16.7% year-over-year. Year-to-date for 2025, the increase is 13.7%. The average price for the month was USD 4,270\/t, up 1.9% compared to June and 25.9% above July 2024.<\/p>\n
Despite the impressive result, beef was left off the list of products exempt from the new US tariff. Since August 6, shipments to the United States have been subject to a tariff of 50% on top of the 26.4% already applied outside the quota, totaling 76.4%, which virtually makes shipments to this market unfeasible.<\/p>\n
The export spread in July rose to 15%, compared to 10% in June, reflecting the 4.2% drop in the price of beef in dollars and the 1.9% increase in beef prices. A year ago, the indicator was at 19%, while the ten-year historical average is 9%, keeping the industry at comfortable levels both domestically and internationally.<\/p>\n
Even without American purchases, the export outlook remains positive and has the potential to absorb the strong supply. Even so, with projected margins of up to R$1,000 per head at current futures prices, the Ita\u00fa BBA report recommends hedging to reduce risks in the face of potential market surprises.<\/p>\n<\/div>\n