Weekly Commentary – December 11, 2025
Brett Stuart Today we see the cut in interest rates by the U.S. Fed, some new (yet old) September trade data (alert and charts sent separately), and a chance for…
Australian cattle price forecasts look to remain buoyant for 2026 and 2027, but it won’t last forever – updated cattle price forecast.
The following is the revised Australian livestock forecast for the next 30 months. In many instances, the peak expected in October/November 2026 has been pushed back to early 2027, but…
Breaking News – Spain Confirms African Swine Fever (ASF)
Brett Stuart Earlier today Spain’s Ministry of Agriculture, Fisheries, and Food (MAPA) announced the detection of African Swine Fever (ASF) in two wild boars found dead on November 26 near…
*News alert* President Trump removes Brazil 40% beef tariff – some initial thoughts and outcomes on lean beef and cow prices.
President Trump today removed the 40% reciprocal beef tariff on Brazilian beef, which will take effect immediately. It has been made retrospective and dates back to November 13th, when last…
USDA Hogs and Pigs Report Shows Tightening Supplies
Brett Stuart The quarterly USDA Hogs and Pigs report was released today (link here: https://usda.library.cornell.edu/concern/publications/rj430453j). This report is based on USDA surveys of hog farmers. This report will be bullish to…
Australian beef hits safeguard in China – the earliest date ever
Australian beef exports have hit safeguard in China, triggering the 308,300 MT volume required, which now sees a 12% tariff introduced for the balance of 2025 (TFN). July 24th triggering…
US beef has been allowed to enter Australia – PM lifts ban
Last night, the Australian Government agreed to accept US beef into Australia. Australia's Minister for Agriculture, Julie Collins, said today, "The US Beef Imports Review has undergone a rigorous science and…
Breaking News – U.S. President Donald Trump Threatens 50% Tariffs on Brazilian Imports
President Trump has issued a warning to Brazil's President Lula de Silva that he will impose a 50% duty on Brazil's imports as of August 1st. Brazil is currently the…
Breaking News – U.S. President Donald Trump Threatens 50% Tariffs on Brazilian Imports
President Trump has issued a warning to Brazil's President Lula de Silva that he will impose a 50% duty on Brazil's imports as of August 1st. Brazil is currently the…
Update/Analysis – ‘Operation Midnight Hammer’ draws in the US as the ME conflict escalates – What is the potential impact on meat exports in the region?
Yesterday, the United States of America military conducted ‘Operation Midnight Hammer’ where they bombed three Iranian nuclear sites based in Fordow, Natanz, and Esfahan. The operation involved 125 US aircraft,…