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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

May 26, 2026

Report N°1687

China resumes activity after SIAL with mixed views
US remains weak amid threat of a Brazilian “tsunami”
MBRF sees firm global beef market with rising price outlook
Argentine beef exports in April were the lowest since March 2025
Bolivia accelerates cattle transformation and targets new markets
Chinese beef imports from Brazil fell by nearly 40 thousand tons in April
INTERVIEW: Fernando González, CEO of Copayan - “Global beef demand remains firm, and Uruguay needs to take advantage by producing more”

See full report 1687

Steer (US$/kg carcass weight)

Last update 05/25/2026

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

MercosurUS$4.940.0%

Brazil Avg.US$4.41-0.5%

UruguayUS$5.70.4%

ArgentinaUS$6.10.0%

ParaguayUS$4.91.0%

AustraliaUS$5.830.5%

USAUS$9.070.2%

Latest

Latest News

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Paraguay - Markets

Firm trend continues for finished cattle

Cattle prices remain firm and gained another 5 cents this week, with list prices at US$ 4.85-4.90 per kg carcass weight for regular males.

May 26, 2026

Argentina - Markets

Slight decline in export steer prices

Export cattle prices saw some setbacks linked to uncertainty or weaker markets. Steers of the best beef quality, British-breed crosses, remained in the range of Ar$ 7,900-8,100 per kg carcass weight, while zebu-cross steers fell by around Ar$ 100 per kg carcass weight, to a range of Ar$ 7,700-7,900.

May 26, 2026

Argentina

The United States absorbs part of what was going to China

The US market continues to increase its purchases of Argentine beef at a rapid pace, consolidating itself as the country’s second-largest destination: in April it bought 983 tons of chilled beef and 9,914 tons of frozen beef, for a total close to US$ 90 million.

May 26, 2026

Argentina

With unprecedented prices, exports to China in April were the lowest since 2018

Although beef shipments to China had rebounded in March to reach the highest volume since November 2025, they fell sharply in April: exports totaled 14,750 tons of frozen boneless beef and 11,737 tons of frozen bone-in beef. In the former case, it was the lowest level since April 2018, with the highest average value in the entire series at US$ 5,940/t.

May 26, 2026

Argentina

In the first four months, Argentina exported US$ 1.4 billion worth of beef, up almost 45% year-on-year

Between January and April 2026, beef exports totaled 211,296 tons worth nearly US$ 1.4 billion, representing growth of 7.5% in volume and 44.5% in value compared to the first four months of last year.

May 26, 2026

Argentina

Prices reached record levels in April

The average price of Argentine beef exported in April was US$ 6,968/t, 2.5% above the previous month and 37.7% higher than in April last year. It was a record value, even surpassing the previous peak from April 2022, at the start of the Russian invasion of Ukraine, when prices were around US$ 6,300/t.

May 26, 2026

Argentina

Exports in April were the lowest since March 2025

Beef exports reached 46,114 tons product weight in April (around 63,700 tons carcass weight equivalent), down 26.5% from the previous month, 13% lower than a year ago and the lowest since March 2025.

May 26, 2026

Uruguay - Markets

Disparity returned to the finished cattle market

As occurred during the weeks of sharp price declines in March, disparity returned to the finished cattle market. Some companies stepped away from the market or are quoting lower purchase prices, while others are maintaining the same price levels or even a few cents above last week’s references.

May 26, 2026

Brazil - Markets

Declines in finished cattle prices moderated

Prices for slaughter cattle corrected lower again, although the downward trend moderated compared to previous weeks.

May 26, 2026

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