# U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted - Grainews

> Cattle futures fell after the White House removed 40% U.S. tariffs on Brazilian beef, which should allow Brazilian beef to return to the U.S. market. Talk of reopening the Mexican cattle border also weighed on futures. USDA data showed cattle on feed down 2% year over year and October placements down 10%.

- Date: 2025-11-21 · published 2025-11-21T12:00:00.000Z
- Category: trade · region Brazil · magnitude high
- Page: https://feedsoft.ai/events/5449-u-s-livestock-cattle-futures-dip-as-brazilian-beef-tariffs-lifted-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tariff removal increases import supply of beef, pressuring domestic cattle values. Lower placements tighten feeder supplies, partly offsetting the import effect.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2025-11-25 | 5 | -9.9% | -6.0 | Brazilian tariff removal and talk of reopening the Mexican border (more feeder supply) pushed futures lower on Nov 21. |
| LCATTLE | 2025-11-25 | 5 | -4.7% | -3.4 | Futures dipped on Brazilian tariff removal and Mexican border reopening talk, both adding potential supply. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2025-03-25 | [U.S. livestock: Lean hog futures gain, cattle mixed \| Farmtario](https://feedsoft.ai/events/25716-u-s-livestock-lean-hog-futures-gain-cattle-mixed-farmtario.md) | +0.3% | +1.1% |
| LCATTLE | 2017-07-28 | [Japan Beef Tariffs Shake Cattle Futures \| Fox Business](https://feedsoft.ai/events/70085-japan-beef-tariffs-shake-cattle-futures-fox-business.md) | -0.5% | -7.7% |
| LCATTLE | 2020-01-29 | [U.S. livestock: Hogs, cattle sink to multi-month lows - Grainews](https://feedsoft.ai/events/6706-u-s-livestock-hogs-cattle-sink-to-multi-month-lows-grainews.md) | -1.1% | -4.8% |
| LCATTLE | 2024-06-08 | [Setbacks in US beef exports to China dampen August live cattle futures](https://feedsoft.ai/events/29892-setbacks-in-us-beef-exports-to-china-dampen-august-live-cattle-futures.md) | +1.3% | +2.2% |
| LCATTLE | 2025-04-04 | [CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs](https://feedsoft.ai/events/25256-cme-cattle-hogs-dive-by-daily-limits-as-china-tariffs-fuel-sell-offs.md) | -2.0% | +1.7% |
| FCATTLE | 2025-03-25 | [U.S. livestock: Lean hog futures gain, cattle mixed \| Farmtario](https://feedsoft.ai/events/25716-u-s-livestock-lean-hog-futures-gain-cattle-mixed-farmtario.md) | -0.1% | +0.1% |
| FCATTLE | 2017-07-28 | [Japan Beef Tariffs Shake Cattle Futures \| Fox Business](https://feedsoft.ai/events/70085-japan-beef-tariffs-shake-cattle-futures-fox-business.md) | +1.9% | -4.2% |
| FCATTLE | 2020-01-29 | [U.S. livestock: Hogs, cattle sink to multi-month lows - Grainews](https://feedsoft.ai/events/6706-u-s-livestock-hogs-cattle-sink-to-multi-month-lows-grainews.md) | -3.2% | -5.6% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestocku-s-livestock-cattle-futures-dip-as-brazilian-beef-tariffs-liftedu-s-livestock/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.