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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

  • China continues to pressure for lower prices and deal closures remain difficult
  • Upward trend in chilled prices in Europe continues
  • USDA forecasts a 300,000-ton drop in Brazilian beef exports in 2026
  • For the first time more females than males were slaughtered in a quarter in Brazil
  • Record number of calves and sharp decline in the number of steers in Uruguay
  • The Argentine Government modifies foot-and-mouth vaccination scheme starting in 2026
  • China imported beef stocks continued to rise in August

Steer (US$/kg carcass weight)

Last update 9/9/2025

MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
MercosurUS$4.120.7%
Brazil Avg.US$3.721.6%
UruguayUS$5.451.5%
ArgentinaUS$4.37-2.9%
ParaguayUS$4.550.7%
AustraliaUS$5.25-1.9%
USAUS$8.3-1.9%
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Latest News

Paraguay

Beef exports in 2026 projected down 6%

Paraguayan beef exports in 2026 are forecast at 490,000 tons carcass weight equivalent (cwe), down six percent due to smaller slaughter and lower beef output, said the USDA office in Buenos Aires. Chile is expected to remain the leading destination, though shipments are projected to decline, while demand from the United States, Taiwan, and Israel is anticipated to remain strong.

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Argentina

Government modifies foot-and-mouth vaccination scheme starting in 2026

The government announced a significant change in the national foot-and-mouth disease vaccination plan. Beginning with the second campaign of 2026, heifers and steers will no longer be vaccinated, as they are considered to have sufficient immunity. The change in the scheme will result in about 14 million fewer doses being applied, representing savings of approximately US$ 22 million for producers, according to the official estimate.

Uruguay - Markets

Prices just short of the 2022 record

Market conditions for slaughter cattle remain unchanged, with a minimal supply of grassfed animals and very strong demand. Prices continue to rise and are now very close to the highs of the first half of May 2022, when special grassfed steers reached US$ 5.60 per kilo.

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