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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

China consolidates firmness after the Lunar New Year
Exports to the Middle East affected by the war
Record average value for finished male in reais
Uruguay and Argentina to access nearly 20,000 tons under new EU quota from May
Uruguayan average beef export value in February surpassed 2022 highs
Industry “extremely excited”: Argentina to be allowed to export cuts under new U.S. beef quota
Interview with Claudio Corso, CEO of Albasoft - “We integrate the entire plant process into a single system”

See full report 1675

Steer (US$/kg carcass weight)

Last update 24/2/2026

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

MercosurUS$4.852.5%

Brazil Avg.US$4.193.5%

UruguayUS$5.70.9%

ArgentinaUS$6.412.1%

ParaguayUS$4.65-0.6%

AustraliaUS$5.770.7%

USAUS$8.551.8%

Latest News

Oceania

Australia likely to trigger Korea safeguard tariff early

Australia appears on track to trigger South Korea’s beef safeguard earlier than usual in 2026, with less than two months of trade completed. By February 20, 45.6% of Australia’s annual quota of 196,050 tons had already been utilized, leaving roughly 106,000 tons available for the remainder of the year.

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3/3/2026

North America - Markets

US import beef prices rise sharply

Compared to the last market test, imported beef prices in the US were moderately to sharply higher. Trading remained slow overall, although there was increased activity in forward sales for April–May delivery.

3/3/2026

North America - Markets

Cattle prices fall; lower slaughter supports boxed beef

Two consecutive days of sharply lower futures allowed packers to push cash cattle prices down. In the north, live sales dropped to as low as US$/cwt 240, with weekly trade ranging from US$/cwt 240–245, US$/cwt 4–8 lower. Dressed sales were mostly at US$/cwt 383–384, down US$/cwt 5. In the south, most transactions were reported at US$/cwt 244, also US$/cwt 5 lower, according to The AG Center.

3/3/2026

North America

Mexico redirects more than one million head to the domestic market following U.S. border closure

The prolonged closure of the United States border to Mexican live cattle exports due to the presence of New World Screwworm (NWS) is generating a structural shift in Mexico’s cattle sector, according to the latest USDA semi-annual report for Mexico.

3/3/2026

North America

US boneless beef stocks hold steady to start 2026

Boneless beef cold storage stocks totaled 39.45 million lbs in January, according to the latest report from the US Department of Agriculture. The figure was nearly unchanged from December, breaking from the recent seasonal pattern in which January inventories typically exceed the prior month.

3/3/2026

North America

US beef exports ease in 2025, but demand strengthens outside China

December US beef and by-product exports totaled 98,595 tons, down 10.5% year-on-year but the highest monthly volume since April. Export value reached US$ 809.2 million, 10% lower than a year ago, yet also the strongest result since April.

See for free

3/3/2026

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