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Core tip: A month before the U.S. tariff hike took effect, Brazilian beef exports reached a record high. In July, Brazilian beef exports amounted to 313,682 tons, a 15.6% increase compared to June, and a 17.2% increase compared to July 2024 (267,885 tons). The value of Brazilian beef exports in July reached 1.67 billion U.S. dollars.

Chinese meat production hit a record in the first half of the year, mainly driven by poultry and beef, according to data from the Ministry of Agriculture and Rural Affairs of China, compiled by DATAGRO. During this period, beef production reached 3.42 million tons, while poultry reached 12.7 million tons. Pork production resumed its rise, contributing about 30% of the total increase, while poultry accounted for more than 60%. Sheep meat cuts continued to decline. Beef stood out with recovering prices, indicating stable domestic demand.

The beef producer and exporter celebrated the reduction in withholdings announced by President Javier Milei and highlighted the potential of external markets, from China to the United States and Europe.