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La Tropa Beef, the new company of the Gauto family group, will take over the commercial operation of Frigonorte under a toll-processing arrangement, targeting up to 18,000 head per month
Jun 16, 2026
Australia’s live cattle export industry is experiencing renewed confidence, supported by strong international demand, continued investment and closer cooperation across the supply chain. According to Mark Harvey-Sutton, CEO of the Australian Livestock Exporters’ Council (ALEC), the sector remains strategically important for northern Australia’s cattle industry and contributes approximately A$1 billion annually to the national economy.
Jun 16, 2026
JBS global CEO Gilberto Tomazoni said Brazil still has time to meet the European Union’s requirements regarding antimicrobial use and avoid the suspension of animal protein exports scheduled for September. According to the executive, the main challenge is not related to industry practices but rather to the need for the Brazilian government to issue the official certifications required by European authorities.
Last update 06/08/2026
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La Tropa Beef, the new company of the Gauto family group, will take over the commercial operation of Frigonorte under a toll-processing arrangement, targeting up to 18,000 head per month
Australia’s live cattle export industry is experiencing renewed confidence, supported by strong international demand, continued investment and closer cooperation across the supply chain. According to Mark Harvey-Sutton, CEO of the Australian Livestock Exporters’ Council (ALEC), the sector remains strategically important for northern Australia’s cattle industry and contributes approximately A$1 billion annually to the national economy.
JBS global CEO Gilberto Tomazoni said Brazil still has time to meet the European Union’s requirements regarding antimicrobial use and avoid the suspension of animal protein exports scheduled for September. According to the executive, the main challenge is not related to industry practices but rather to the need for the Brazilian government to issue the official certifications required by European authorities.
Import prices from Australia and New Zealand were mostly steady to slightly weaker, with some transactions reported generally unchanged from the previous market test. South American import prices were moderately to sharply lower amid ongoing pressure from weak foodservice and retail demand.
Markets reacted positively to signs of a peace agreement in the Middle East. Oil and grain prices moved lower, while attention is now focused on the normalization of shipping traffic and crude oil flows.
The growing shortage of slaughter-ready cattle in the United States continues to drive beef prices to record levels. In May, US consumers paid an average of US$/lb 7.06 for ground beef, 13% higher than a year earlier, according to data from the US Bureau of Labor Statistics.
The value generated from the sale of all products obtained from a Type Steer 2.0 after industrial processing increased by 4.8% in May from the previous month, reaching US$ 2,115 per head and setting a new record high in the historical series. All components of the indicator posted gains when measured in US dollars.
JBS announced the closure of two facilities in the United States as part of a plan to modernize and reorganize its operations in the country. The affected sites are a beef processing plant in Souderton, Pennsylvania, and a value-added products facility in Memphis, Tennessee.
Frigorífico Concepción announced the start of a review of its capital structure and financial obligations, aiming to achieve a comprehensive solution for its commitments across the various jurisdictions in which it operates. The company said it has already engaged specialized advisors to assist in upcoming negotiations with its different creditor groups, according to Valor Agro.
