Brazil Trade Developments: Steve Sothmann

The ag sector is keeping a close eye on Brazil trade developments, with a sweeping 50 percent tariff set to take effect next month. And with the US being a main beef market for the country, many are speculating over the potential impact.

Steve Sothmann with DTB AgriTrade joined us on “Market Day Report” for a closer look.

Related Stories
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
March pork gains lifted total meat production, but first-quarter output still ran below last year.
Food inflation is still building in 2026, with beef leading pressure while eggs and dairy offer some relief.
March cold storage data showed generally tighter year-over-year stock levels across several key meat and dairy categories.
Lower slaughter numbers reduced 2025 red meat output even with heavier cattle and hogs.
Purdue economist Dr. Joana Colussi discussed the U.S. and Brazil’s reliance on imported fertilizers and their impact on global food security amid rising input costs.