Meat

The European Union removed Brazil from its list of countries compliant with sanitary rules on antibiotic use in livestock. The measure, effective from September, could cost the country nearly US$ 2 billion in annual meat sales.

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Andrés Contamagna, a cattle consultant, stated that recent beef price hikes are due to seasonal factors and will not persist. He forecasts price stability in April due to falling live cattle values. Consumption is shifting toward chicken and pork amid a structurally reduced beef supply.