- After postponing the safeguard decision, China maintains its pessimistic tone
- Firm tone for chilled beef prices to Europe
- Itaú BBA projects lower cattle supply in Brazil in 2026 and firmer prices
- Uruguayan beef production increases by more than 40 thousand tons
- Record average export value for Uruguayan beef in November
- Several export plants in Argentina bring holidays forward and shut down for two or three weeks
- JBS eyes a possible return to beef production in Paraguay
The Global Livestock Report
Leading Weekly Publication in Beef and Sheep Export from Mercosur to the World. Prices, Trends, and Key Analysis for the Livestock and Meat Market
Steer (US$/kg carcass weight)
Last update 2/12/2025


Latest News
Australian exports remain elevated
Although Australia shipped its lowest monthly volume of beef in six months in November, exports continue to grow year-on-year and the 12-month moving total remains firmly above 1.5 million tons shipment weight.
Sharp rise in red meat exports to the EU
The European Union’s strong import needs for red meat are clearly reflected in the growth of shipments from Australia, both in beef and sheepmeat.
Second consecutive month with the United States as the main destination
For the second consecutive month, in November the United States was Paraguay’s main destination for beef, displacing Chile, which has traditionally been the leading market for Paraguayan beef exporters.

Record export average value in November
Paraguay’s beef exports reached a record average value in November, with a significant jump compared with previous levels, driven by strong sales to the United States.
Third consecutive month with more than 300 thousand tons exported
Brazil’s beef exports were again very large in November. Although slightly below the previous two months, it was the third month in a row in which more than 300 thousand tons were shipped — a level never reached before.
Sixth month with slaughter below last year’s level
In November, Paraguayan export plants slaughtered 176,431 head of cattle, a figure that is just over 10,000 head higher than in October but around 13,600 head (7%) below the same month last year. This marks the sixth consecutive month in which cattle slaughter has been lower than the corresponding period of the previous year.

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