Brazil is expected to break beef export records even without the U.S., says analyst

Brazilian beef purchases by the United States plummeted 80% in three months, according to data from the Ministry of Development, Industry, Commerce and Services compiled by the Brazilian Association of Meat Exporting Industries (Abiec). However, the analyst from Safras & Mercado, Fernando Henrique Iglesias, notes that when considering the first half of 2025, animal protein shipments to the North American market rose almost 100% compared to the same period in 2024. According to him, in month-to-month comparison, the only month that showed a decline in Brazilian product exports to the United States was June. "This decline [in June] is very much around demand needs. The United States had a large number of purchases during the month of April, which was the peak of Brazilian exports, with 74,000 tons in carcass equivalent. After that, it began to decline: 45,000 tons in May and around 31,000 tons in June. But, in any case, the balance is very positive. Brazil sold a lot to the North ...