- 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
China likely to chase 5% GDP growth in 2026 in bid to end deflation
China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and analysts said, a goal that would require authorities to keep fiscal and monetary spigots open as they seek to snap a deflationary spell.
Moderate decline in beef exports to China in November
Beef export volumes to China remained high in November, although they were below the peaks of more than 290 thousand tons that departed from the various origins in September and October.
FAO meat price index continues to decline
In November, the FAO Meat Price Index fell to 124.6 points, down 1 point (-0.8%) from October. It remains 4.9% above its November 2024 level (5.8 points).
The monthly decline continued to be driven by lower pork and poultry prices, while beef quotations remained mostly steady and sheepmeat prices increased.

More than 30,000 pigs to be culled due to ASF in Spain
Around 30,000 pigs located in 39 farms within the 20 km surveillance zone around the ASF outbreak will be culled next week, according to agricultural and livestock organizations in Catalonia following a meeting with the regional government.
Spain investigates whether ASF outbreak may have originated from a lab leak
Spain is investigating whether a recent African swine fever (ASF) outbreak in Barcelona could have originated from a laboratory leak, the Ministry of Agriculture said Friday, according to Reuters.
US beef import prices drop sharply
US beef import prices were sharply lower compared to the last market test.

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