The United States decision to impose a steep 50 per cent tariff on Brazilian goods, including beef, is rattling global protein markets, said Swineweb, adding that pork producers should take note.
Brazilian packers are halting shipments to the U.S. and cutting cattle purchases as they reassess demand. Industry estimates suggest Brazil could lose up to $1.3 billion in the second half of 2025, with losses doubling to $3 billion in 2026 if the tariffs remain.
Brazil, which supplies around 23 per cent of U.S. beef imports, plays a key role in filling the lean beef trim used to balan
Canadian beef packers and producers may find American buyers will bid up prices.
While pork is not directly included in the tariffs, the indirect impacts could reshape the market:
For example, as beef prices rise for consumers, pork often becomes the go-to alternative, increasing domestic demand and possibly lifting prices, Swineweb said.
It also said Brazilian packers will look to divert products to other export markets, potentially crowding pork and poultry channels and introducing new competition.
