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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

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

See full report 1626

Steer (US$/kg carcass weight)

Last update 25/3/2025

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

MercosurUS$3.871.0%

Brazil Avg.US$3.410.9%

UruguayUS$4.61.1%

ArgentinaUS$4.91.9%

ParaguayUS$3.70.8%

AustraliaUS$4.06-0.2%

USAUS$7.393.2%

Latest News

Asia

Beef consumption shows steady growth in China

China’s livestock and poultry sector in 2024 showed ample supply despite a slowdown in production growth, said OIG+X in its annual report about imported meat. According to the National Bureau of Statistics (NBS), total meat production in China —including pork, beef, sheepmeat, and poultry— reached 96.63 million tons, up 0.2% year-on-year (YoY), an increase of 220 thousand tons.

3/28/2025

Asia

Australia and the United States gain prominence in China’s beef import market

Most suppliers of imported beef reduced their shipments to the Chinese market during the first two months of 2025 compared to the same period last year. As a result, overall imports dropped by 11% year-on-year to 468,465 metric tons. However, two origins ran counter to this trend: Australia and the United States.

3/25/2025

North America - Markets

Beef imported prices from steady to firm

Compared to the last market test, US beef import prices were generally steady, instances firm to higher. Trading was slow. Imported supplies from Australia and New Zealand remained light.

3/25/2025

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