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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

  • Three main exporters expected to cut beef shipments by 400,000 tons in 2026
  • Hilton market shows a marked slowdown
  • Argentina’s U.S. quota expansion expected to be temporary
  • Rabobank forecasts drop in Brazilian beef production and firm prices through 2028
  • Uruguayan beef exports to the EU at a 15-year high
  • Second-highest beef export volume in Australia’s history
  • The United States was the main destination for Paraguayan beef in October

Steer (US$/kg carcass weight)

Last update 4/11/2025

MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
MercosurUS$4.151.2%
Brazil Avg.US$3.710.8%
UruguayUS$5.05-2.9%
ArgentinaUS$4.95.6%
ParaguayUS$4.30.0%
AustraliaUS$5.234.4%
USAUS$7.91-2.8%
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Latest News

Argentina

President Milei made official the expansion of Argentina’s beef quota

During the America Business Forum in Miami, Argentine President Javier Milei made the first official mention of the expansion of the tariff-rate quota for Argentine beef granted by the United States. Referring to Donald Trump as “a personal friend and a friend of Argentina,” Milei stated that “Argentina will exploit its resources and develop currently underperforming industries.”

Argentina

In 2025 so far, slaughter nearly matches last year’s level

In the first ten months of 2025, cattle slaughter totaled nearly 11.396 million head, just 1.2% lower than in the same period of 2024. However, trends varied by category: among the main ones, cow slaughter fell 9% and young steer slaughter 1%, while heifer slaughter rose 3% and steer slaughter increased 5%.

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