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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

Jun 22, 2026

JBS suspends production of beef cuts for China

JBS stopped producing specific beef cuts for the Chinese market on June 20 in order to avoid having new shipments arrive after China’s import quota has been exhausted.

Jun 19, 2026
Positive EU audit and progress with China following residue findings
The final report from the European Union audit confirmed that Uruguay continues to meet all requirements to export beef to the bloc, while efforts are advancing with China to lift suspensions linked to veterinary drug residue findings.
Jun 19, 2026
Official mission to Southeast Asia in August as Indonesia process advances
A trade mission led by Uruguay’s Foreign Ministry, together with MGAP, INAC and Inale, is scheduled to visit Southeast Asia in mid-August, while the Mercosur-European Union agreement is beginning to deliver better-than-expected signals for Uruguay’s chilled beef exports.

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Steer (US$/kg carcass weight)

Last update 06/15/2026

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

MercosurUS$4.891.7%

Brazil Avg.US$4.422.3%

UruguayUS$5.58-0.4%

ArgentinaUS$5.872.3%

ParaguayUS$50.0%

AustraliaUS$5.993.3%

USAUS$8.930.1%

Latest

Latest News

See all news

Brazil

JBS suspends production of beef cuts for China

JBS stopped producing specific beef cuts for the Chinese market on June 20 in order to avoid having new shipments arrive after China’s import quota has been exhausted.

Jun 22, 2026

Uruguay

Positive EU audit and progress with China following residue findings

The final report from the European Union audit confirmed that Uruguay continues to meet all requirements to export beef to the bloc, while efforts are advancing with China to lift suspensions linked to veterinary drug residue findings.

Jun 19, 2026

Uruguay

Official mission to Southeast Asia in August as Indonesia process advances

A trade mission led by Uruguay’s Foreign Ministry, together with MGAP, INAC and Inale, is scheduled to visit Southeast Asia in mid-August, while the Mercosur-European Union agreement is beginning to deliver better-than-expected signals for Uruguay’s chilled beef exports.

Jun 19, 2026

Oceania

Uncertainty remains over bonded storage rules in China

Australia’s beef industry still lacks clarity on whether China will allow product to accumulate in bonded cold storage during the final months of 2026 and be cleared for import after January 1, 2027, when the annual import quota resets (209,000 tons).

Jun 19, 2026

Oceania

Australia reacts after exhausting its beef quota in China

Australia has officially filled its annual 205,000-ton beef quota for China, meaning that all additional exports will be subject to a 55% safeguard tariff from June 20 onward.

Jun 19, 2026

Asia

China’s beef imports rose 6% in May

After stagnating in April (-0.3%), China imported approximately 207,000 tons of beef in May, valued at US$ 1.338 billion, representing a year-on-year increase of 6.4% in volume, according to GACC data released by OIG+X.

Jun 18, 2026

Argentina - Markets

Export steer prices recover some lost ground

Export steer prices regained part of the ground lost in recent weeks, particularly in transactions involving slightly longer payment terms. British-breed cross steers, which are considered the highest-quality animals for beef production, moved into a range of AR$/kg 7,800-8,000 carcass, while zebu-cross steers widened the price gap and traded between AR$/kg 7,500-7,800 carcass.

Jun 16, 2026

Argentina

Feedlot occupancy reaches its highest level in two and a half years

Feedlot utilization increased to 76.8% in May, up 7.1 percentage points from the same month last year and marking the highest occupancy rate in the past two and a half years, according to a report from the Argentine Feedlot Chamber (CAF).

Jun 16, 2026

Argentina

Packer activity falls to the lowest level in a decade

Activity in Argentina’s beef packing industry has fallen to its lowest level in ten years, according to a report from the meatpacking chamber CICCRA. During the first five months of 2026, slaughter totaled 4.944 million head, nearly 10% below the same period in 2025 and the lowest January-May figure since 2016, when 4.753 million head were processed.

Jun 16, 2026

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