Iguatemi Beef and JBS are slowing slaughter in Mato Grosso do Sul as Brazil nears its 2026 beef export quota to China, risking a 67% surcharge.
Brazil · Business
Key Facts
—Quota threshold. Brazil’s 2026 beef export quota to China is 1.106 million tonnes; above this, a 55% surcharge applies on top of the 12% tariff, totaling 67%.
—JBS vacation. JBS’s Campo Grande unit began a 15-day collective vacation on July 21, affecting over 2,000 workers, to cope with high cattle prices.
—Iguatemi slowdown. Iguatemi Beef reportedly implemented collective vacations in Iguatemi, with unconfirmed reports of around 90 workers affected.
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