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Trump lifted the 40% tariffs on Brazilian food imports, removing duties on beef, coffee, cocoa and fruit. The White House said the move may trigger refunds on tariffs already paid.
The article also cites tension in US-China soybean trade.
Lower tariffs on Brazilian beef increase import supply to the US, which is bearish for US cattle prices. The rollback also reflects continued weak US export demand for soybeans.
aginfo.netNov 28, 2025After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.
After 87 past bearish trade events, Feeder Cattle moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
