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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 17, 2026

Brazil projects beef exports to the Philippines of up to 96,000 tons in 2026

Brazilian beef exports to the Philippines increased 34.6% in the first half of the year to 35,900 tons, generating revenue of US$ 162.4 million, up 38.9% year on year. Abiec projects annual shipments at between 80,000 and 96,000 tons, supported by the country’s economic growth and increased purchasing power, particularly among younger consumers. Brazil accounted for 52.2% of total Philippine beef imports in the first half of the year.

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Steer (US$/kg carcass weight)

Last update 08/10/2026

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

MercosurUS$4.880.8%

Brazil Avg.US$4.330.7%

UruguayUS$5.90.9%

ArgentinaUS$5.751.1%

ParaguayUS$5.31.5%

AustraliaUS$5.42-4.6%

USAUS$8.182.1%

Latest

Latest News

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Asia

Brazil projects beef exports to the Philippines of up to 96,000 tons in 2026

Brazilian beef exports to the Philippines increased 34.6% in the first half of the year to 35,900 tons, generating revenue of US$ 162.4 million, up 38.9% year on year.

Abiec projects annual shipments at between 80,000 and 96,000 tons, supported by the country’s economic growth and increased purchasing power, particularly among younger consumers. Brazil accounted for 52.2% of total Philippine beef imports in the first half of the year.

Aug 17, 2026

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Oceania

Australian feedlots set another record with 1.66 million head on feed

Australian feedlots closed the June quarter with a new record of 1.66 million head on feed, up 30,000 head or 1.8% on the previous quarter and 81,000 head above the same period last year. National feedlot capacity also hit a new high of 1.795 million head, while utilization held at 92.5%, near the practical ceiling for commercial operations given pen cleaning, maintenance and other requirements.

Aug 17, 2026

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North America - Markets

Import prices decline as weaker demand pressures the market

Compared to the prior market test, US beef import prices were mostly moderately lower, with some instances steady to weak.

Aug 17, 2026

North America - Markets

Tyson restructuring adds uncertainty as US beef processors regain margin

Adjustments to US beef processing capacity will not be felt immediately, as plant closures and cattle movements to other facilities take time. Some cattle will need to be redirected to new destinations, potentially increasing freight costs. Meanwhile, supplies of finished cattle are expected to remain tight through the end of this year and into 2027, according to The AG Center.

Aug 17, 2026

North America

Trump adviser accuses leading meatpackers of operating as a cartel

Peter Navarro, senior White House adviser for Trade and Manufacturing, accused the four largest US meatpackers of controlling 85% of the country’s beef processing and operating as a cartel. The statement is particularly significant given that it came from one of the main architects of the Trump administration’s trade policy.

Aug 17, 2026

North America

NCBA concerned over Tyson’s Joslin beef plant closure

The National Cattlemen’s Beef Association (NCBA) expressed concern over Tyson Foods’ decision to close its beef processing plant in Joslin, Illinois, warning about the impact on cattle producers, employees and rural communities in the US Midwest.

Aug 17, 2026

Uruguay

Sheep slaughter totaled just over 5,000 head

For the second consecutive week, sheep slaughter remained slightly above 5,000 head.

Aug 17, 2026

Uruguay

Cattle slaughter returned to around 40,000 head

Cattle slaughter posted a moderate increase last week, returning to around 40,000 head, although activity remains clearly below year-ago levels.

INAC reported that 40,139 cattle were slaughtered in the week ended August 15, 1,245 head more than in the previous one, an increase of 3%, but nearly 6,000 head below the same week last year.

Aug 17, 2026

Uruguay

Breeding categories posted stronger price gains than males

Prices for breeding and feeder cattle categories posted very significant increases of between 26% and 43% over the past year, with breeding categories generally showing larger percentage gains than males and feeder cattle.

Aug 17, 2026

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