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With the beef that arrived in China in August, Brazil exceeded the 1.106-million-ton quota allocated to the South American country by Beijing for 2026. All volumes entering from the third day after the quota is filled are subject to the additional tariff. In Brazil’s case, the applicable rate increases from 12% to 67%.
Beef volumes shipped from Brazil to China in August continued to account for nearly two-thirds of total imports.
China’s imports of Australian beef fell from July onward after the 206,000-ton duty-free quota was filled in June.
Last update 09/28/2026
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With the beef that arrived in China in August, Brazil exceeded the 1.106-million-ton quota allocated to the South American country by Beijing for 2026. All volumes entering from the third day after the quota is filled are subject to the additional tariff. In Brazil’s case, the applicable rate increases from 12% to 67%.
Beef volumes shipped from Brazil to China in August continued to account for nearly two-thirds of total imports.
China’s imports of Australian beef fell from July onward after the 206,000-ton duty-free quota was filled in June.
India’s beef production is forecast to increase 2% in 2027 to 5 million tons carcass weight equivalent, according to the USDA office in New Delhi.
Japan’s beef production is forecast to fall 3% in 2027 to 475,000 tons carcass weight equivalent due to a shrinking herd and the continued decline in the number of breeding farms, according to the USDA office in Tokyo.
Chinese demand remains active, although the market gained a new source of uncertainty after Uruguay expressed its willingness to transfer part of its unused quota to Brazil and Australia. The proposal still requires approval from China, which has the authority to decide on any reallocation of the quotas (see more under Uruguay).
The strong recovery in prices for higher-value chilled Hilton cuts appears to have reached something of a plateau over the past week, although some regional exporters are relying on tight supplies to seek further increases in forward selling prices.
The outlook in the United States is significantly weaker. A trader described the market as “dead,” with no buying interest and depressed prices over the past week. For Argentina, the exhaustion of its quota and the resulting return of import duties have also virtually removed the United States as a commercial alternative.
A Brazilian exporter reported “somewhat stronger demand” from the Middle East, particularly Saudi Arabia. The source concluded topside deals at US$ 7,250 per ton CIF Jeddah.
