[ORGANIZATION]
Brazilian cattle (boi gordo)
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Situations
Brazil beef market: export shifts and record price highs
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Latest: Mercosur cattle prices reach historic high amid regional supply shifts
Brazil’s beef market is undergoing a structural shift as the livestock cycle enters a new phase. To mitigate the impact of exhausting its 1.1 million-ton national quota for China—which triggers a 55% tariff on excess vol