China's decision on beef brings relief to the cattle market, says analyst

China's decision to delay by another two months the outcome of the investigation into beef imports brought relief to the Brazilian cattle market. The new deadline, confirmed by the country's Ministry of Commerce, extends the analysis until January 26, 2026. According to analyst Fernando Henrique Iglesias from Safras & Mercado, the sector had been awaiting this decision for months. He states that the extension is good news, especially after weeks of strong volatility in the futures market for finished cattle. Iglesias explains that the market had been registering a "quite aggressive drop," influenced by speculations about possible Chinese restrictions. The expectation was for firm prices in the last two months, which did not materialize. "We had a positive outlook for the arroba and it did not consolidate precisely because of these speculations involving China," he stated. With the extension of the investigation, the analyst believes that prices tend to regain stability and may ...