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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

Jul 15, 2026

Report N°1694

Livestock cycle across Mercosur shifts into herd rebuilding phase
Signs of a different tone emerge in China after a sharp correction
Price gap narrows between Argentine and Uruguayan Hilton beef
Female slaughter in Mato Grosso fell 8% in the second quarter
The EU redefines livestock farming as a strategic sector
China ceases to be the leading destination for Australian grainfed beef
China enters a new phase for imported beef

See full report 1694

Steer (US$/kg carcass weight)

Last update 07/13/2026

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

MercosurUS$4.70.6%

Brazil Avg.US$4.140.5%

UruguayUS$5.71.8%

ArgentinaUS$5.650.2%

ParaguayUS$4.98-0.4%

AustraliaUS$5.825.8%

USAUS$8.63-3.4%

Latest

Latest News

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Argentina

China approved three Argentine slaughter plants

On July 16, China’s customs authority (GACC) announced the approval of three Argentine meatpacking plants to export to that market, as well as one Pakistani plant.

Jul 16, 2026

Europe

The EU redefines livestock farming as a strategic sector

The European Commission has adopted a new Livestock Strategy that marks a significant shift in its approach over the past decade by recognizing livestock production as a strategic sector for food security, competitiveness, and the development of rural areas.

Jul 14, 2026

North America

US beef imports post slower growth

US beef imports increased 9.9% year-on-year between January and May, the smallest increase for the period since 2023. In May, however, imports declined 5% from the same month last year, marking the first year-on-year monthly decrease since November 2025 and the largest since March 2023.

Jul 14, 2026

Paraguay - Markets

Downward pressure on finished cattle prices

The Paraguayan slaughter cattle market showed a slight downward correction, although deals for male cattle with premiums are still being concluded at US$5.10-5.15/kg.

Some plants have lowered their bids to US$4.95/kg, while cows are quoted at around US$4.75/kg, with premiums of up to 5% for feedlot-finished cattle.

Jul 14, 2026

Argentina - Markets

Export cattle prices remain steady, with a slight increase for China cows

Export cattle prices remained broadly unchanged. Higher-quality British-bred steers were quoted at Ar$7,900-8,000/kg carcass weight, while crossbred cattle with Zebu genetics held at Ar$7,500-7,700/kg.

Jul 14, 2026

Argentina

Feedlot inventories reach record high, signaling herd rebuilding

According to SENASA data, cattle on feed totaled 2.17 million head as of July 1, up 120,000 head (6%) from a year earlier and the highest number since records began in 2008.

Jul 14, 2026

Argentina

Sales to the US remain brisk: nearly 30% of the new third-quarter quota already filled

Argentina shipped 53,196 tonnes of beef to the United States during the first half of the year, worth US$445 million, according to official government data. This represents 53% of the country's total annual allocation of 100,000 tonnes, which includes the traditional 20,000-ton quota plus an additional 80,000 tonnes granted for 2026 and distributed in four non-transferable quarterly allocations on a first-come, first-served basis.

Jul 14, 2026

Uruguay - Markets

Finished cattle prices return to record highs

Prices for Uruguayan slaughter cattle continued to strengthen, with special grassfed steers returning to the record high of US$5.70/kg carcass weight, a level first reached in late February and matched again at the end of May.

Jul 14, 2026

Uruguay

Uruguay promotes its beef in Germany and the Netherlands

INAC has launched a promotional campaign for Uruguayan beef in Germany and the Netherlands, the country's two main markets within the European Union. The campaign includes advertising on social media, digital screens and outdoor billboards in major cities and transport hubs, including "The Whale," Germany's largest LED screen, located at Hamburg Central Station.

Jul 14, 2026

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