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Tariffs fail to slow Brazil’s beef boom in US market
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The Cattle Site
Tariffs fail to slow Brazil’s beef boom in US market Despite 36.4% levy, strong demand drives surge18 April 2025 18 April 2025 2 minute read 2 minute read By: By: Global Ag Media South AmericaHigher US tariffs will not hurt Brazil's sales to its second biggest beef export destination after China, Reuters reported, citing analysts and industry groups.
Even with higher tariffs, Brazilian beef remains competitive because US cattle prices are double relative to Brazil amid historically low inventories there, according to analysts.
Australian beef also remains an attractive option for the US market after a 10% tariff announced this month.
Total Brazilian beef sales to the US in the first quarter reached $557.15 million, up 67% by value, according to trade data compiled by Abrafrigo, another beef lobby.
Exports to the US represented 17% of total Brazilian foreign sales in the period while the average sale price to the US market rose to $3,384 per ton from $2,943, Abrafrigo data shows.
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