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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
South Korea imported 37,631 tons of beef in May, down 4% from April and 4.9% below the same month in 2025, according to the country's trade statistics. The decline was mainly attributed to fewer working days due to several public holidays during the month and tighter supplies from the United States.
Jun 22, 2026
The European Parliament has approved legislation reserving a range of meat-related terms exclusively for products of animal origin. The measure passed with 560 votes in favor, 75 against and 25 abstentions, and aims to prevent products made from cultivated cells or plant-based alternatives from using terms such as “meat,” “steak,” “loin,” “rib,” “chop,” “breast,” “bacon” and “liver,” among others.
Jun 22, 2026
Imported beef prices posted further declines in the US market during the past week. According to USDA’s weekly report, prices for products from Australia and New Zealand ranged from steady to slightly lower, with some instances of moderate declines.
Last update 06/15/2026
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South Korea imported 37,631 tons of beef in May, down 4% from April and 4.9% below the same month in 2025, according to the country's trade statistics. The decline was mainly attributed to fewer working days due to several public holidays during the month and tighter supplies from the United States.
The European Parliament has approved legislation reserving a range of meat-related terms exclusively for products of animal origin. The measure passed with 560 votes in favor, 75 against and 25 abstentions, and aims to prevent products made from cultivated cells or plant-based alternatives from using terms such as “meat,” “steak,” “loin,” “rib,” “chop,” “breast,” “bacon” and “liver,” among others.
Imported beef prices posted further declines in the US market during the past week. According to USDA’s weekly report, prices for products from Australia and New Zealand ranged from steady to slightly lower, with some instances of moderate declines.
Friday brought another active round of negotiations in the US fed cattle market. Initial bids of US$/cwt 254 gradually improved throughout the day, eventually reaching US$/cwt 260, according to The AG Center.
US beef exports totaled 64,469 tons in April, down 19% from the same month in 2025 (79,605 tons), while export value declined 10% to US$ 665.9 million, according to USDA data compiled by the US Meat Export Federation (USMEF). The average export value reached US$/t 10,350, up 11% year-on-year.
Cattle inventories in US feedlots with capacities of more than 1,000 head totaled 11.7 million animals as of June 1, up 2% from the same period in 2025, according to USDA-NASS’s monthly Cattle on Feed report. The figure was largely in line with market expectations and suggests fed cattle supplies remain relatively tight despite the year-on-year increase in inventories.
The closure of two JBS plants in the United States announced last week reflects the country’s historically tight cattle supply rather than a structural deterioration of the business, according to a BTG Pactual report following the company’s Investor Day.
After reaching historically high levels in recent weeks, Paraguay’s cattle market appears to have entered a more stable phase. Market sources told WBR that the price for slaughter steers, which traded above US$/kg 5.00 last week, is now showing references closer to that level rather than moving higher. “I see it closer to US$/kg 5.00 than US$/kg 5.05,” one market operator said.
Paraguay’s sheepmeat sector reached a new milestone in its international market development with its first official sheepmeat export to the United Arab Emirates. The shipment was carried out by Frigorífico Victoria and consisted of approximately 12 tons of product that had been sold in February but whose dispatch was delayed due to logistical disruptions linked to the conflict in the Middle East.
