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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

World Beef Report 1625

  • China is out looking for beef and prices are moving
  • The US beef import market is at a standstill due to uncertainty caused by Trump
  • Beef production in Brazil will remain robust in 2025
  • Record domestic consumption and beef exports in Brazil during 2024
  • Highest level in nearly two years for Uruguayan meatpacking industry debt
  • Imported beef stocks in China increased for the second consecutive month in February
  • China Customs let the approval of more than 350 US beef exporting plants expire

Steer (US$/kg carcass weight)

Last update 18/3/2025

MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
MercosurUS$3.831.1%
Brazil Avg.US$3.382.1%
UruguayUS$4.550.0%
ArgentinaUS$4.81-1.4%
ParaguayUS$3.673.4%
AustraliaUS$4.074.4%
USAUS$7.162.9%
Background

Latest News

Asia

Philippines’ beef imports increased by 50% in January

According to data from the Bureau of Animal Industry (BAI), in January the Philippines imported 138,000 tons of meat, 48,000 tons more than in January 2024.

Local pork production remains insufficient, which creates the need for imports, according to the Meat Importers and Traders Association (MITA). As a result, pork imports grew by 65%, reaching 70,449 tons.

Asia

Swine production expected stable this year in China

Average swine prices in China during 2024 were higher than in 2023, while production costs were lower, enabling higher profits across the swine breeding industry, said the USDA GAIN report about pork projections in China. Some swine producers started to expand swine production by restocking more sows. However, the expansion was slower than USDA estimated in the last annual report.

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