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Australia’s live cattle exports slip back in April

  • Spanish Market: Agriculture
  • 16/05/24

Australian cattle exports fell in April from a month earlier as demand from Indonesia waned, Department of Agriculture Fisheries and Forestry (DAFF) data show.

  • Live cattle exports fell by 20pc to 60,521 head in April, as Indonesian demand dropped by 16pc but still made up 86pc of the monthly total.
  • Indonesian imports rose , likely in preparation for the end of Islamic fasting month Ramadan celebrations in early April.
  • Total exports may have also been affected by the continued wet season in northern Australia, supporting domestic prices and motivating producers to retain stock.
  • The fall was partially offset by increased exports to Vietnam that rose by 37pc in April from March and comprised a 14pc share of shipments.
  • January-April exports were 20pc higher than the same period of 2023.
  • Australia as at 3 May has used 16pc of the total quota of 672,669 head of live male cattle under the Indonesia-Australia Comprehensive Economic Partnership Agreement, according to DAFF.

By Edward Dunlop

Australia live cattle exports (head)
Apr '24Mar '24Apr '23Apr '22Apr '21Jan-Apr '24Jan-Apr '23Jan-Apr '22Jan-Apr '21
Indonesia51,94162,04126,92635,93639,659129,38197,170102,860138,384
Vietnam8,2906,0419,5804,6883,71332,03720,7217,73044,367
China03,5007,1601,6097,06132,30627,00341,43934,600
Malaysia29000591,8931,4901,7498796,667
Israel05019,2521,59602,72819,79813,04111,909
Total60,52175,70455,61145,28859,396209,592175,299171,482250,100
Source: DAFF
Totals include all destinations not just those listed

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15/07/25

Brazil focuses on reversing US tariffs: VP

Brazil focuses on reversing US tariffs: VP

Sao Paulo, 15 July (Argus) — Brazil is focused on reversing the tariff hike imposed by US president Donald Trump and will only ask for a postponement if necessary, Brazilian vice-president Geraldo Alckmin said on Tuesday after meeting with agribusiness representatives. Trump last week threatened to impose a 50pc tariff on imports from Brazil as of 1 August , citing a criminal trial against former president Jair Bolsonaro for attempting to overthrow the country's 2022 election results. At a press conference after the meeting today representatives from different agribusiness sectors were in agreement that the dialogue with the US government needs to continue. Agriculture ministry Carlos Favaro said that "dialogue [between the two countries] is open on the Brazilian side, but with respect for sovereignty and with great pride". Beef, orange juice and coffee are among agricultural products Brazil exports the most to the US, according to Brazil's ministry of development, industry, commerce and services. Brazil's meatpacking plants are stopping production because of the likely effects that the 50pc tariffs could have on the market, according to the president of Brazil's association of meat exporting industries Abiec, Roberto Perosa . The US is the second largest importer of Brazil's beef, only behind China. The US already imposes tariffs of around 36pc on Brazil's beef sector, according to Perosa, and an additional 50pc tariff "would practically make exports to the US unfeasible." Citrus juice exporters are also concerned about the possible new tariffs, especially considering that the 2025-26 orange season started in June and goes through December-January. Brazil accounts for 70pc of the orange juice the US imports, according to Brazil's national association of citrus juice exporters CitrusBR. The group's president, Ibiapaba Netto, said that "there is still time for negotiation" until 1 August and that "it is necessary to maintain pragmatism". Brazil published today a decree regulating the economic reciprocity law, which establishes criteria for suspending trade concessions, investments and obligations related to intellectual property rights in response to unilateral measures adopted by countries or economic blocs that may negatively impact Brazil's international competitiveness. By Renata Gabrielli and Lucas Parolin Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Brazil attorney general asks court to convict Bolsonaro

15/07/25
15/07/25

Brazil attorney general asks court to convict Bolsonaro

Sao Paulo, 15 July (Argus) — Brazilian prosecutors said the country's supreme court (STF) should find former president Jair Bolsonaro and seven other defendants guilty of an attempted coup. In a 517-page briefing that is part of attorney general Paulo Gonet's closing arguments at trial, prosecutors argue that Bolsonaro and the other defendants should be convicted of the crimes of armed criminal organization, attempted violent abolition of the democratic rule of law, coup d'état, damage qualified by violence and serious threat, and damage to government assets. Bolsonaro was the "main orchestrator and biggest beneficiary" of a plot to make sure that he stayed in power despite losing the election to President Luiz Inacio Lula da Silva, Gonet said during the trial. The plot included the 8 January 2023 storming of government buildings in the capital Brasilia and plans to kill his political opponents . Also as part of the plot, Bolsonaro used the power of the state and operated in a "persistent scheme" to attack public institutions and the succession process after the presidential election results, Gonet said. The seven other defendants include Bolsonaro's running mate Walter Braga Netto; former minister Augusto Heleno, who is also an army general; Bolsonaro's former justice minister Anderson Torres; former defense minister Paulo Sergio Nogueira; and Bolsonaro's top aide Mauro Cid. If convicted, Cid is expected to have his sentence suspended due to a plea bargain agreement signed with the federal police during investigations. Cid will now have 15 days to present his final defense. The other defendants will then have an additional 15 days to do the same. A date for the justices to begin deliberations will be set after STF receives all statements. That is expected for September this year, according to the government. If convicted, the defendants, including Bolsonaro, can face up to 43 years in prison. Bolsonaro, Trump push back Bolsonaro — who is barred from running for any public office until 2030 — used social media to call the trial a "shameful farce". Bolsonaro's trial gained a new spotlight after US president Donald Trump threatened to impose a 50pc tariff on imports from Brazil from 1 August, citing an alleged "witch hunt" against Bolsonaro. Lula said Brazil will reciprocate the US tariffs. "Any unilateral tariff increases will be addressed in accordance with Brazil's economic reciprocity law," he said on social media last week. He also added that the country "will not accept any form of tutelage." Lula signed the reciprocity law on Monday, according to the government. It authorizes Brazil to suspend trade, investment and obligation concessions to countries that impose unilateral barriers to Brazilian products in the global market. It also creates a committee — which will be comprised of the ministers of trade, finance, foreign relations and the chief of staff — that will be in charge of deciding trade responses to other countries' unilateral measures. By Lucas Parolin Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Trump threatens Mexico, EU with 30pc tariffs

12/07/25
12/07/25

Trump threatens Mexico, EU with 30pc tariffs

Washington, 12 July (Argus) — President Donald Trump on Saturday said the US will impose 30pc tariffs on goods imported from Mexico and the EU beginning on 1 August. In a move that could significantly disrupt crude, refined product and other commodity flows, Trump made public on his social media platform letters sent to Mexican president Claudia Sheinbaum and European Commission president Ursula von der Leyen on Friday threatening the new tariffs. Trump also vowed to raise the tariffs even higher if Mexico or the EU were to retaliate with their own measures. The threats follow similar letters sent to leaders of other countries this past week, including a 35pc tariff on Canadian imports , likewise starting on 1 August, and a 50pc tariff on Brazilian imports . In his letter to Sheinbaum, Trump repeated previous justifications for higher tariffs by pointing to "Mexico's failure to stop the Cartels" smuggling fentanyl into the US. "Mexico has been helping me secure the border, BUT, what Mexico has done is not enough," Trump wrote. "If for any reason you decide to raise your Tariffs, then whatever the number you choose to raise them by, will be added onto the 30pc that we charge," Trump wrote to Sheinbaum. His letter to von der Leyen included similar language. Trump's previous executive orders regarding tariffs on Mexico and Canada carved out exemptions for goods compliant with the US-Mexico-Canada free trade agreement. A White House official on Friday, following Trump's 10 July Canadian tariff announcement, said the exemption will remain in place, with a caveat that Trump has yet to determine the final form of application. Regarding the EU, Trump argued the 30pc figure "is far less than what is needed to eliminate the Trade Deficit disparity we have with the EU". Mexico's ministries of the economy, foreign affairs, finance, security and energy said in a statement Saturday that they met with their US counterparts on Friday to begin negotiations to head off the new tariffs before 1 August. "We stated at the meeting that [the new tariff plan] was unfair treatment and that we disagreed." After receipt of the new tariff letter, von der Leyen said Trump's tariffs "would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic". The US has clinched only one limited trade deal, which keeps in place a 10pc tariff on US imports from the UK while granting a lower-tariff import quota for UK-made cars. Trump has announced a deal with Vietnam, setting tariffs at 20pc. By David Ivanovich Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

USDA boosts soy view on biofuel policy changes

11/07/25
11/07/25

USDA boosts soy view on biofuel policy changes

St Louis, 11 July (Argus) — The US Department of Agriculture (USDA) today raised its projected US soybean crush for the 2025-26 marketing year following recent policy changes that are expected to increase domestic soybean oil demand for biofuel production. US soybean crush is expected to rise to a record 69.1mn metric tonnes (t) in the 2025-26 marketing year, the USDA said Friday in its monthly World Agricultural Supply and Demand Estimates (Wasde) report, up by 1.36mn t from the June report. The latest forecast marks a 5pc increase from volume projected for the 2024-25 marketing year. The higher outlook for soybean crush was driven by a substantial increase in anticipated soybean oil use for biofuel production, which the USDA places at 7.03mn t for the marketing year ahead, up by 27pc from the volume expected for the current marketing year. The increased biofuel use outlook follows US policy changes that significantly strengthen support for biofuels made from domestically produced feedstocks through changes to the 45Z biofuels tax credit and Renewable Identification Number credits generated through the Renewable Fuel Standard. The US is also proposing to require record biofuel blending into the US fuel supply over the next two years, including unexpectedly strong quotas for biomass-based diesel. With the increase in soybean crush, USDA expects domestic soybean oil production will rise to a record 13.6mn t in 2025-26, up by 4.1pc from the current marketing year. Additionally, the USDA revised higher its expectation for soybean oil imports in 2025-26 to 200,000t, up by 13pc from the current marketing year. Following an elevated export rate over the first half of the current marketing year, US soybean oil exports are projected to collapse in 2025-26, down by 73pc from the current marketing year to 318,000t. The reduction in exports, in combination with increased supply, is projected to exceed the gains in biofuel demand, increasing stocks to 758,000t by the end of the 2025-26 marketing year, up by 15pc from the inventory level projected for the end of 2024-25. Soybean meal supplies swell The jump in soybean oil demand is as also expected to result in a record level of US soybean meal production in 2025-26, up 4.5pc from 2024-25 to 54.3mn t, according to USDA. Both domestic use and exports of soybean meal are projected higher for the next marketing year following the increased supply outlook. US soybean meal exports are projected to reach 17mn t, up 7.5pc from 2024-25, while US soybean meal domestic use is projected to rise by 2.8pc to 37.9mn t. Soybean mean stocks are projected to increase as well, reaching 431,000t by the end of 2025-26, up 5.6pc from the level projected for the end of the 2024-25 marketing year. By Ryan Koory July 2025 USDA projections 2025-26 Chg from Jun 2024-25 Chg from Prior MY U.S. soybean oil supply and use ( mn t ) Supply -Beginning stocks 0.66 - 0.70 - -Production 13.59 0.27 13.06 - --Extraction ratio (pc) 19.67 0.00 19.83 - -Imports 0.20 0.07 0.18 -0.05 Total supply 14.46 0.34 13.95 -0.05 Use -Domestic disappearance 13.38 0.73 12.11 -0.14 --Biofuel 7.03 0.73 5.56 -0.39 --Food, feed and other Industrial 6.35 - 6.55 0.25 -Exports 0.32 -0.45 1.18 0.09 Total use 13.70 0.27 13.29 -0.05 -Ending stocks 0.76 0.06 0.66 - -Stocks-to-use (pc) 5.53 0.36 4.95 0.02 U.S. soybean meal supply and use ( mn t ) Supply -Beginning stocks 0.41 - 0.41 - -Production 54.30 1.04 51.98 - --Extraction ratio (pc) 78.54 -0.04 78.92 - -Imports 0.59 - 0.66 0.09 Total supply 55.29 1.04 53.05 0.09 Use -Domestic disappearance 37.90 0.41 36.85 0.09 -Exports 16.96 0.64 15.79 - Total use 54.86 1.04 52.64 0.09 -Ending stocks 0.43 - 0.41 - -Stocks-to-use (pc) 0.79 -0.02 0.78 -0.00 October-September markeing year — USDA, Argus Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Trump Brazil tariff threat concerns US beef importers

11/07/25
11/07/25

Trump Brazil tariff threat concerns US beef importers

Sao Paulo, 11 July (Argus) — US president Donald Trump's threat to apply a 50pc tariff on Brazilian imports was not welcomed by US beef importers, Brazilian beef exports association ABIEC's president Roberto Perosa said. Perosa said while meeting with around 50 US companies that import beef from Brazil this week he discussed the possible economic effects from the threatened tariffs , which could raise prices that he said used to be beneficial for American consumers. "It's a damaging decision with no technical basis in [the companies'] perspective," he said. Brazil beef imports into the US in April were nearly five times higher than imports from a year earlier, but they dropped in May and June due to other US tariffs . The US has been the second-largest buyer of Brazilian beef since 2022, with almost 230,000 metric tonnes (t) imported last year. The US accounted for 8pc of Brazil's beef exports in 2024, only behind China with 46pc, according to Netherlands-based investment bank Rabobank. Brazil, the world's largest meat exporter, shipped a record 2.9mn t of beef in 2024, a 26pc increase from a year before, according to ABIEC. Open gates The World Organisation for Animal Heath (WOAH)'s May decision to declare Brazil free from the highly contagious foot-and-mouth disease (FMD) affecting livestock without vaccinations may allow access to new markets and boost exports , according to the government. Brazil has opened its beef market to 19 countries so far, according to ministry of agriculture and cattle raising's trading and international affairs secretary Luis Rua. The last countries to open their markets to Brazilian beef were El Salvador and the Bahamas, according to the ministry. By João Curi Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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