Fat Cattle Quotes: US Taxation Shakes Up the Market

The physical market for fat cattle is experiencing the impacts of new tariffs imposed by the United States on Brazilian products. The Safras & Mercado consulting analyst Fernando Iglesias indicates that, during the day, several meatpacking plants have stopped purchasing cattle due to the "turbulence" caused by the announcement of a 50% tariff on Brazilian products exported to the United States. "The futures market also showed an intense downward movement, considering the relevance of the United States, which in 2025 accounts for approximately 15% of Brazilian exports. With the increase in tariffs, Brazil loses competitiveness in relation to Australia, Argentina, and Uruguay, and if there are no changes by the end of the month, the expectation is a loss of market share in the North American market," he said. The wholesale market is facing mixed prices. According to Iglesias, the business environment suggests some room for adjustments during the first half of the month, a period ...