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4 results for “beef export quota”
PROAgro• 2h ago
Brazil's Bid for 80,000 Tons of Beef Exports to China Awaits Beijing's Quota Veto
President Lula announced Uruguay's authorization for Brazil to use a surplus beef quota to China, a move that must be approved by Beijing to bypass a crippling 55% surtax.
Agro• Sep 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.
PROAgro• Jul 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.
Agro• Jul 01
Brazilian Beef Prices Fall as China Export Quota Nears Limit
Brazil's imminent exhaustion of its preferential beef export quota to China triggers a drop in domestic live cattle prices as meatpackers slow purchases.