The Global Livestock Report

According to the latest survey by Meat & Livestock Australia (MLA), 50% of Australian beef producers intend to grow their herds in 2026, pointing to a projected national herd increase of around 3%.

An internal circular distributed by AMIC among its members confirmed that China officially notified in recent days that, as of February 4, Australia had already used 28% of its annual quota to China. This percentage does not reflect the pace of recent shipments but rather the stock accumulated at the end of 2025, which was released in January at Chinese ports.

The FAO Food Price Index averaged 123.9 points in January 2026, down 0.5 points (0.4%) from December.

Miratorg, one of Russia’s leading agrifood companies, exported a total of 210,000 tons of meat and meat products in 2025, increasing its foreign sales by 5%. According to its president, Viktor Linnik, in statements reported by Interfax, this growth could reach 20% in 2026.

Compared to the last market test, US beef import prices were slightly to moderately higher. Trading was moderate with more activity for out-front sales.

Winter weather and fewer placements are accelerating the squeeze on feedlot supplies, even as beef demand continues to support high slaughter levels, according to The AG Center.