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Rising finished cattle prices in Brazil are improving the relationship between feeder cattle purchase costs and revenue from finished cattle sales, making feedlot finishing more attractive.
The United States confirmed its first case of New World screwworm in Arizona, making it the third state with detections in the current outbreak, after Texas and New Mexico. The finding comes as the country continues gradually reopening border crossings to Mexican cattle.
Australian chilled beef remains on Chinese retail shelves despite the 55% safeguard tariff imposed after the country’s quota was exhausted. Retailers such as Costco and Sam’s Club continue to offer the product, supported by consumers willing to pay a premium for its Australian origin.
Last update 10/26/2026
Latest
Rising finished cattle prices in Brazil are improving the relationship between feeder cattle purchase costs and revenue from finished cattle sales, making feedlot finishing more attractive.
The United States confirmed its first case of New World screwworm in Arizona, making it the third state with detections in the current outbreak, after Texas and New Mexico. The finding comes as the country continues gradually reopening border crossings to Mexican cattle.
Australian chilled beef remains on Chinese retail shelves despite the 55% safeguard tariff imposed after the country’s quota was exhausted. Retailers such as Costco and Sam’s Club continue to offer the product, supported by consumers willing to pay a premium for its Australian origin.
Shares in Minerva Foods and MBRF fell sharply on the São Paulo stock exchange following the surprise reelection of Luiz Inácio Lula da Silva, amid a broad sell-off of Brazilian assets and a depreciation of the real.
The United States is moving ahead with the gradual reopening of its border to Mexican cattle, adding two crossings to Douglas and Santa Teresa, which have already reopened.
Lula da Silva’s surprise victory in Brazil’s presidential election on Sunday had a sharply negative impact on Brazilian market indicators. The real plunged, closing yesterday at 5.347 per US dollar, down nearly 10% over the week.
The Middle Eastern sheepmeat market remains firm, with prices unchanged from previous weeks.
Chile’s beef import market remains firm, with steady prices for both Brazilian and Paraguayan product.
As Brazilian exporters authorized to ship to China focus their production on that market, they are setting aside alternatives they had used before resuming trade with the Asian destination.
The US imported beef market is firmer, particularly for shipments arriving from the end of the year, when supply is expected to decline.
A trader told WBR that the spot market is stable and better supplied, but that availability for US importers will decrease in the following weeks as Brazil and Australia once again focus production on China.
The final deals for shipments that will arrive in time for the year-end holidays are being closed amid limited buying pressure.
Beef production for Israel began to resume more widely across the region this week with the arrival of several kosher teams. In most cases, prices remain at the levels agreed before the break.
Offers from Brazil’s main beef exporters to China are concentrated on shipments that will arrive from January 1, when trade under the 2027 quota begins. Aggressive offers are putting downward pressure on prices across the region.
