The USDA forecasts a decrease in beef production in 2025 due to restrictions in Mexico's livestock industry, leading to fewer animals in feedlots. Meanwhile, Uruguay sees a significant increase in domestic meat consumption, particularly beef, reaching a nine-year high. Brazil experiences a drop in live cattle prices due to weak demand and a steady supply of slaughter-ready animals. Lastly, China's stocks of imported beef continue to decline, and Argentina's November data shows an increase in the volume of certified meat cuts for export.