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Full AccessLeading Weekly Publication in Beef and Sheep Export from Mercosur to the World. Prices, Trends, and Key Analysis for the Livestock and Meat Market
Last update 05/11/2026
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The 2026 edition of SIAL Shanghai, held from Monday through Wednesday at the SNIEC exhibition center, concluded with no shortage of major developments and significant uncertainty surrounding the near-term outlook for the global beef market.
Only 211 tons of beef were blocked from entering China by customs authorities in April, according to information published by OIG+X.
Paraguay’s cattle market remains very firm, with list prices at US$/kg 4.80 carcass for common slaughter males and US$/kg 4.60 carcass for cows, although actual business is being done between 3% and 5% above those levels, according to an intermediary consulted by World Beef Report (WBR).
As part of negotiations to open the Mexican market to Paraguayan beef, Mexican sanitary authorities have launched a comprehensive audit of Paraguay’s veterinary system, a key step in the approval process that could expand export opportunities. According to La Nación, the delegation will visit the central veterinary laboratory and 10 export-approved plants.
Export steer prices remained broadly steady, with no significant changes. Better-quality British cross finished cattle traded between Ar$/kg 7,900 and 8,100 on the hook, with some isolated deals reaching Ar$/kg 8,200, while zebu cross cattle remained in the Ar$/kg 7,800–8,000 range.
More than a month after the detection of classical scrapie cases — a disease from which Argentina had been considered free — in sheep in the provinces of Santa Fe and Entre Ríos, the Brazilian market remains closed, affecting Argentina’s second most important destination for sheepmeat exports.
Chinese authorities confirmed to the Argentine mission in the country that there will be no changes to the quota allocations for beef supplier countries, contrary to speculation circulating in recent weeks. Taking advantage of SIAL Shanghai, an Argentine delegation composed of diplomats, trade negotiators, SENASA officials, and representatives from the Argentine Beef Promotion Institute (IPCVA) held meetings with Chinese authorities in Beijing.
Industrial sheep slaughter rose for the second consecutive week. A total of 8,062 head were processed in the latest week. According to INAC data, slaughter included 4,126 lambs (51% of the total) and 3,275 ewes (41%).
Uruguay’s beef slaughter totaled 47,174 head in the week ended May 16, up 13% from the previous week (+5,464 head) and marking the highest weekly industrial activity since the second week of February. However, volumes remain around 9,000 head below the same week last year.
The fed cattle market remains firm, with a few additional cents added across virtually all categories and processors continuing to actively secure supply for this week.
The value generated from the sale of all products derived from a Type Steer 2.0 after processing increased 2.1% month-on-month in April to US$/head 2,018, setting a new all-time high in the historical series, with gains across all components measured in US dollars, including exports, domestic market sales, offal and byproducts, and fresh hide.
From Shanghai, China
As operations ramp up at its Florida plant, Pablo Avero, one of the principals at Abasto Saturno, told WBR at SIAL Shanghai that the company is moving ahead with its export strategy while awaiting China approval and opening additional markets.
