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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

Aug 19, 2026

Report N°1699

China’s recovery continues smoothly
Chilled beef in Europe moves another step higher
Average beef export value in Brazil falls to lowest since early April
Breeding categories posted stronger price gains than males in Uruguay
Grassfed steer prices reached US$ 6 in Uruguay
Argentina has already filled 94% of its annual US quota and 77% of the third-quarter quota
China’s beef imports fell 14% year on year in July

See full report 1699

Steer (US$/kg carcass weight)

Last update 08/17/2026

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

MercosurUS$4.87-0.2%

Brazil Avg.US$4.28-1.2%

UruguayUS$61.7%

ArgentinaUS$5.780.5%

ParaguayUS$5.320.4%

AustraliaUS$5.37-0.9%

USAUS$8.05-1.6%

Latest

Latest News

See all news

Asia

China’s sheepmeat imports remain below year-ago levels

China is importing less sheepmeat this year than last, mainly due to reduced supply from its main suppliers.

Aug 18, 2026

Asia

China’s beef imports fell 14% year on year

Preliminary July data released by GACC confirm expectations of a moderation in China’s beef import volumes.

Aug 18, 2026

Paraguay - Markets

Cattle prices remain firm

Cattle prices in Paraguay remain firm and at record levels in current US dollar terms.

Aug 18, 2026

Argentina

Prices held at the previous week’s levels

Prices for export cattle remained at the levels reached the previous week. Higher-quality steers, crossbred with British breeds, continued to trade in a range of Ar$ 7,900-8,200 per kg carcass weight, while zebu-cross steers were quoted at Ar$ 7,600-7,900 per kg.

Cow prices also remained stable. Better-quality cows were around Ar$ 6,500-6,900 per kg carcass weight, while “China cows,” used for canning and manufacturing, continued in a range of Ar$ 5,000-5,800 per kg.

Aug 18, 2026

Argentina

Buffalo herd grew 25% since 2023, but Hilton quota remains largely unused

Argentina’s buffalo herd has reached 205,000 head, up 25.3% since 2023, according to the Agriculture Secretariat. The expansion of buffalo production is concentrated in northeastern Argentina (NEA): 83% of the country’s herd is in Corrientes, Formosa and Chaco, where the species is well suited to environments that present limitations for other livestock activities.

Aug 18, 2026

Argentina

Argentina has already filled 94% of its third-quarter US quota and 77% of the annual quota

According to US Customs data, as of last Monday Argentina had filled 18,788 tons of its traditional beef quota, equivalent to 77.6% of the annual allocation. It had also filled 93.9% of the third quarterly tranche of the additional 2026 quota of 20,000 tons, or 15,519 tons.

Aug 18, 2026

Uruguay - Markets

Steer prices reached US$ 6

Something that would have been difficult to imagine not long ago has now happened: special heavy steers, grassfed, are sold at US$ 6.00 per kg carcass weight, and even a few cents more for lots with no loading complications.

Aug 18, 2026

Brazil - Markets

Second-half demand slowdown starts to weigh on the cattle market

The slaughter cattle market remains firm in Brazil’s main cattle-producing regions, but the weaker domestic demand typically seen during the second half of the month, together with a slower export pace, has moderated price increases and the pace of business.

Aug 18, 2026

FOB Mercosur - Markets

Weak real weighs on the Mercosur Steer Index

Fiscal weakness amid an election year weighed on the Brazilian currency this week, with the real falling to its weakest level against the US dollar since March.

The moderate increase in finished male prices in reais was offset by a 1.6% decline in the Brazilian currency, which dragged down the regional average. The WBR Mercosur Steer Index fell 1 cent over the week to US$ 4.87 per kg carcass weight, ending five consecutive weeks of gains.

Aug 18, 2026

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