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Australian Beef Surges in China, U.S. Exports Plummet

9/29/2025

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Story summary
  • Australian beef has replaced U.S. supply in China since President Trump returned to office, costing U.S. producers hundreds of millions.
  • U.S. beef exports to China fell from $120 million to $8.1 million in July and $9.5 million in August, as Beijing's beef-import investigation may affect trade until November 26.
  • Australian beef shipments rose to $221 million in July and $226 million in August as production reached record highs.