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8 results for “China beef quota

Lula Secures Extra China Beef Quota for Brazil via Uruguay, Bypassing 55% Tariff
AgroSep 21

Lula Secures Extra China Beef Quota for Brazil via Uruguay, Bypassing 55% Tariff

President Luiz Inácio Lula da Silva announced that Uruguay ceded a portion of its unused beef export quota to China, offering a temporary lifeline to Brazilian meatpackers facing a steep 55% safeguard tariff.

MarketsAug 19

China Tariff Shock Halts Brazilian Beef Trade, Export Volume Drops 26%

Brazil's beef exports to China plunged after hitting an annual quota, triggering a 67% tariff and forcing meatpackers to slow production.

China Beef Quota Near Limit, Threatening 55% Tariff on Brazil Meat Exports
AgroAug 15

China Beef Quota Near Limit, Threatening 55% Tariff on Brazil Meat Exports

China's Ministry of Commerce says Brazilian beef imports have reached 80% of the quota, triggering a 55% tariff risk for major meatpackers.

Brazil Beef Quota Hit: China Surcharge Triggers Market Shift
PROAgroJul 13

Brazil Beef Quota Hit: China Surcharge Triggers Market Shift

Brazil exhausts its 1.106 million-ton duty-free beef quota to China, triggering a 55% tariff surcharge that squeezes meatpackers and diverts supply.

Brazil beef exports to China hit quota cap, forcing slaughter cuts
PROAgroJul 08

Brazil beef exports to China hit quota cap, forcing slaughter cuts

Brazilian meatpackers slash slaughter rates and issue collective vacations as 98.5% of the tariff-free beef export quota to China is filled, triggering a 55% surcharge.

Brazil Beef Exports Face Q3 Slump as China Quota Hits 98.5%
PROAgroJul 07

Brazil Beef Exports Face Q3 Slump as China Quota Hits 98.5%

Brazilian beef exports face a sharp third-quarter slowdown as shipments near China's tariff-free quota limit, forcing meatpackers to scale back operations.

Brazil Fills 98.5% of China Beef Quota, Forcing Slaughter Cuts
PROAgroJul 07

Brazil Fills 98.5% of China Beef Quota, Forcing Slaughter Cuts

Brazilian meatpackers are slashing slaughters and initiating collective vacations as the country exhausts its tariff-free beef quota to China.

BRL Cattle Prices Fall as China Export Quota Nears Exhaustion
PROAgroJun 30

BRL Cattle Prices Fall as China Export Quota Nears Exhaustion

Brazilian domestic cattle prices drop as the imminent exhaustion of China's annual beef import quota forces meatpackers to scale back livestock purchases.