Last Bastion for Cheap Beef Fades in Latest Affordability Threat

Cattle on a ranch in Santana do Araguaia, Brazil. — Cattle on a ranch in Santana do Araguaia, Brazil.Photographer: Victor Moriyama/Bloomberg

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By Dayanne Sousa

December 29, 2025 at 12:00 PM UTC

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Cheap beef may soon become further out of reach. Brazil, one of the world’s few remaining sources of abundant cattle, is heading into a period of shrinking supplies that could push global prices higher.