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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 20, 2026

Report N°1686

SIAL Shanghai: uncertainty is the most repeated word
Expectations for better grainfed opportunities in China
Australia sees China as firm and downplays the quota impact
White House expected to remove beef tariffs
“China is full of stock and there seems to be no room for further price increases”
Hilton prices fall to the lowest level since February

See full report 1686

Steer (US$/kg carcass weight)

Last update 05/11/2026

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

Latest

Latest News

See all news

Asia

GACC rejected 211 tons of beef imports in April

Only 211 tons of beef were blocked from entering China by customs authorities in April, according to information published by OIG+X.

May 19, 2026

Paraguay - Markets

Cattle market remains very firm

Paraguay’s cattle market remains very firm, with list prices at US$/kg 4.80 carcass for common slaughter males and US$/kg 4.60 carcass for cows, although actual business is being done between 3% and 5% above those levels, according to an intermediary consulted by World Beef Report (WBR).

May 19, 2026

Paraguay

Mexico audits 10 plants as part of market access process

As part of negotiations to open the Mexican market to Paraguayan beef, Mexican sanitary authorities have launched a comprehensive audit of Paraguay’s veterinary system, a key step in the approval process that could expand export opportunities. According to La Nación, the delegation will visit the central veterinary laboratory and 10 export-approved plants.

May 19, 2026

Argentina - Markets

Export steer prices ease slightly

Export steer prices remained broadly steady, with no significant changes. Better-quality British cross finished cattle traded between Ar$/kg 7,900 and 8,100 on the hook, with some isolated deals reaching Ar$/kg 8,200, while zebu cross cattle remained in the Ar$/kg 7,800–8,000 range.

May 19, 2026

Argentina

Brazil, Argentina’s second-largest sheepmeat market, remains closed due to scrapie

More than a month after the detection of classical scrapie cases — a disease from which Argentina had been considered free — in sheep in the provinces of Santa Fe and Entre Ríos, the Brazilian market remains closed, affecting Argentina’s second most important destination for sheepmeat exports.

May 19, 2026

Argentina

China assured Argentina there will be no changes to allocated quotas

Chinese authorities confirmed to the Argentine mission in the country that there will be no changes to the quota allocations for beef supplier countries, contrary to speculation circulating in recent weeks. Taking advantage of SIAL Shanghai, an Argentine delegation composed of diplomats, trade negotiators, SENASA officials, and representatives from the Argentine Beef Promotion Institute (IPCVA) held meetings with Chinese authorities in Beijing.

May 19, 2026

Uruguay - Markets

Sheep slaughter activity increased

Industrial sheep slaughter rose for the second consecutive week. A total of 8,062 head were processed in the latest week. According to INAC data, slaughter included 4,126 lambs (51% of the total) and 3,275 ewes (41%).

May 19, 2026

Uruguay - Markets

Beef slaughter rises to highest level since February

Uruguay’s beef slaughter totaled 47,174 head in the week ended May 16, up 13% from the previous week (+5,464 head) and marking the highest weekly industrial activity since the second week of February. However, volumes remain around 9,000 head below the same week last year.

May 19, 2026

Uruguay - Markets

Industry remains aggressive as cattle prices continue to strengthen

The fed cattle market remains firm, with a few additional cents added across virtually all categories and processors continuing to actively secure supply for this week.

May 19, 2026

Uruguay

Type Steer 2.0 breaks above US$ 2,000 as industrial value added recovers

The value generated from the sale of all products derived from a Type Steer 2.0 after processing increased 2.1% month-on-month in April to US$/head 2,018, setting a new all-time high in the historical series, with gains across all components measured in US dollars, including exports, domestic market sales, offal and byproducts, and fresh hide.

May 19, 2026

Uruguay

“We aim to reach 1,000 head per week with exports integrated”

From Shanghai, China

As operations ramp up at its Florida plant, Pablo Avero, one of the principals at Abasto Saturno, told WBR at SIAL Shanghai that the company is moving ahead with its export strategy while awaiting China approval and opening additional markets.

May 19, 2026

Brazil - Markets

Calmer finished male market and downward pressure in wholesale beef

The week started with limited business in Brazil’s fed cattle market. Many buyers had yet to open bids, waiting to assess wholesale market performance after the weekend, while others were operating with comfortable slaughter schedules and no urgency to secure cattle. According to Scot Consultoria, slaughter schedules were averaging 10 days.

May 19, 2026

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