World Beef Report

China seeks to cool rising prices
Negotiations with Israel move forward
Mercosur steer hits highest level since mid 2022
Brazil: Expectations of higher exports despite lower production
Argentine processors weigh request to scrap export taxes amid the new exchange rate
Argentina: March exports fell 36 % year on year
China should increase imports by 11% over the remainder of the year

editor: Rafael Tardáguila

4/23/2025

World Beef Report 1629

China remains firm, though signs of a slowdown in the upward trend appear
U.S. market begins to take shape again
Main beef producing regions will reduce output
Cattle slaughter reached a record high in Brazil in the first quarter
Argentina eased currency controls and exporters improved the exchange rate by nearly 8% on the first day
China rejected approval of new Brazilian slaughter plants
Wholesale prices in China remain unresponsive

editor: Rafael Tardáguila

4/16/2025

World Beef Report 1628

Despite the trade war, prices remain firm in China
Chaos in trade with the US
The new global balances hit the Mercosur steer price
For the first time, March beef exports from Brazil exceeded 200,000 metric tons
Brazilian beef exports to the United States were a record in March
“It’s not possible to speculate on China's decision”
Beef exports to China in QI fall by about 80 thousand tons

editor: Rafael Tardáguila

4/9/2025

World Beef Report 1627

China between sustained price increases and pressure to push them down
Three-year high for prices within the Hilton quota
US eagerly awaiting Trump’s tariff announcements
Minimum in more than 9 years in Uruguayan boneless frozen exports to China
Shipments of US beef to China plummet
In China, the path is clearing for quotas or tariff hikes on beef imports, according to operator
Beef consumption shows steady growth in China

editor: Rafael Tardáguila

4/2/2025

World Beef Report 1626

China remains firm, though some importers resist additional price increases
Europe remains strong and is now an option even for forequarter cuts
US on hold, awaiting D-Day on April 2
Brazilian government optimism over the approval of “dozens” of beef plants by China
Minerva expects the new deal with Marfrig in Uruguay to be approved by July at the latest
Argentine February exports rebound compared to January, but show a 27% year-on-year drop
Australia and the United States gain prominence in China’s beef import market

editor: Rafael Tardáguila

3/26/2025

World Beef Report 1625

China is out looking for beef and prices are moving
The US beef import market is at a standstill due to uncertainty caused by Trump
Beef production in Brazil will remain robust in 2025
Record domestic consumption and beef exports in Brazil during 2024
Highest level in nearly two years for Uruguayan meatpacking industry debt
Imported beef stocks in China increased for the second consecutive month in February
China Customs let the approval of more than 350 US beef exporting plants expire

editor: Rafael Tardáguila

3/19/2025

World Beef Report 1624

China consolidates the price recovery
Brazilian beef export volume was a record for February
Falling exports of beef and byproducts from Brazil to China and Hong Kong
Around 100,000 cattle remain to be slaughtered in Uruguay for the Hilton quota
February cattle slaughter in Argentina was the lowest in 3 years
Nearly 400 US beef plants could be left out of China; rumors of more delistings from South America
Chinese beef imports projected to grow 2% in 2025

editor: Rafael Tardáguila

3/12/2025

World Beef Report 1623

The trade war begins to impact the beef trade
Exporters to the US used 25% of quotas in the first two months of the year
Record beef exports are forecasted for Brazil in 2025, USDA said
Government of Brazil considered restricting exports to curb the rise in domestic prices
Maximums in 18 years in Uruguayan frozen beef exports to the US
Argentina removed the ban on exporting live cattle
China suspends beef imports from some plants in top suppliers

editor: Rafael Tardáguila

3/5/2025

World Beef Report 1622

Improved Chinese demand translates into higher prices, but the struggle continues
Europe seeks a ceiling for the Hilton market
Brazil on track to have the world’s largest traceability system
Uruguayan cattle herd growth will be modest in 2024/25
Eleven Uruguayan meatpacking plants are inactive at the start of 2025
Three-year low for Argentine beef exports in January
Brazil consolidates as the main beef supplier to the Chilean market

editor: Rafael Tardáguila

2/26/2025

World Beef Report 1621

With China present, Gulfood dominates the center of business
European beef import market remains overheated
Brazil average beef export value fell to its lowest level in eight weeks
Allana Group denies link with Salic
A fire destroyed Gorina’s plant, one of the largest Argentine beef exporters
Imported beef stock in China did not maintain its trend in January
Cattle numbers on feed in Australia hit new record high at 1.45m head

editor: Rafael Tardáguila

2/19/2025

World Beef Report 1620

Signs of improvement noted in China’s beef import market
Chilled cuts to the EU reach highest levels since October
Brazil export volume to China in January was the lowest in 10 months
Minerva persists in purchasing three Marfrig plants in Uruguay and would sell one of them to the Indian Allana Group
Analyst forecasts a 5–7% drop in Argentine cattle slaughter and challenges for exporting meatpackers
Bolivia suspended beef exports and warns of million-dollar losses
Less than 200,000 tons of beef were shipped to China in January
SPECIAL REPORT - The future of livestock lies in intensification

editor: Rafael Tardáguila

2/12/2025

World Beef Report 1619

Slow return from China after the New Year
The Hilton market gains strength
Uruguayan beef exports to China at a five-year low
Shortage of steers in Argentina will continue at least until March, industry says
Intense slaughter pace in January in Paraguay
U.S. producers call for measures to reduce beef imports
Exports of Australian beef match 2014/15 record

editor: Rafael Tardáguila

2/5/2025

World Beef Report 1618

China dimmed by the Lunar New Year
Conab projects a slight contraction in Brazilian beef production for 2025
Renewed momentum in Uruguay sheep meat exports to Israel
The Argentine government allocated the US beef quota
Expectations for the opening of kosher business from Paraguay with the US
Sky-high cattle prices in Turkey
Three out of every four kilos imported by China in 2024 came from Mercosur

editor: Rafael Tardáguila

1/29/2025