Europe-based Rabobank is expecting South American beef exports to climb about 11 per cent this year.
The bank's latest quarterly beef report points out Brazilian beef is very competitive on international markets because of that country's weaker currency.
Analyst Angus Gidley-Baird suggests beef prices are so high in Brazil that Brazilians are switching to other protein sources - like poultry.
He says that frees up even more Brazilian beef for the export market.
The quarterly report expects official Chinese beef imports to continue to climb this year and Australian beef production to remain low.
The Rabobank report also quotes USDA figures forecasting U-S beef and veal imports will drop by 24 per cent this year.
