Overview

• Chinese customs data show U.S. beef exports to China plunged to $8.1 million in July and $9.5 million in August, down from $118 million and $125 million a year earlier.
• Australia’s shipments to China jumped to $221 million in July and $226 million in August, with April–August trade values running $313 million above prior norms as U.S. sales fell $388 million below trend.
• The drop followed Beijing allowing permits to expire at hundreds of U.S. meat facilities after March, alongside renewed tariffs following President Trump’s return.
• Beijing is conducting an import investigation through November 26 that could lead to further curbs on beef trade.
• Analysts cite Australia’s record output and lower prices versus a drought‑reduced U.S. herd, and U.S. industry says any reopening likely depends on broader U.S.–China negotiations.