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Full AccessLeading Weekly Publication in Beef and Sheep Export from Mercosur to the World. Prices, Trends, and Key Analysis for the Livestock and Meat Market
Last update 08/10/2026
Latest
Minerva Foods reported consolidated gross revenue of R$ 15.1 billion in the second quarter of 2026, up 2.4% from the same period last year. However, its main profitability indicators deteriorated year-on-year.
The geographic diversification of its operations and its ability to redirect products among different destinations were two of the points highlighted by Minerva Foods’ management when presenting its second-quarter 2026 results.
Gross revenue from Minerva Foods’ operations in Uruguay reached R$ 6.588 billion in the 12 months through June, up 39.7% from the previous comparable period, despite sales volume remaining virtually unchanged.
Gross revenue from Minerva Foods’ operations in Paraguay reached R$ 1.759 billion in the second quarter of 2026, up 12.6% from the same period last year, despite a sharp contraction in sales volume.
Tight cattle supplies and firm beef demand will continue to support prices in the United States, where production is expected to decline this year and next and could remain constrained through 2028, according to David Anderson, economist with Texas A&M AgriLife Extension.
Imported beef stocks in China showed signs of declining in July, a trend that will almost certainly become more pronounced this month due to the sharp drop in arrivals from Brazil and Australia after both countries filled their respective quotas.
The United States ordered the recall of a 13.44-ton (29,628-pound) shipment of beef from Argentina after determining that a mandatory import reinspection had been skipped before the products were distributed.
Finished cattle prices remain firm in Paraguay and at record highs, in a market characterized by very tight supply and “strong competition” for available lots.
Paraguay Type Steer 2.0 improved in July, in a scenario where the higher value generated from beef sales was enough to absorb an increase in the price paid for cattle while also lifting the Industrial Gross Margin (IGM).
