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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

China market loses momentum and pressures prices
Conab projects 5% drop in Brazilian beef production
INAC allocates China quota despite industry opposition
Argentina beef exports rose 38.5% year-on-year in March
Quilty sees a price peak in 2027 driven by a shift in the global cycle
Australia gains flexibility for chilled beef in China, reshaping trade dynamics
China’s beef imports rose 28% year-on-year in QI

See full report 1682

Steer (US$/kg carcass weight)

Last update 21/4/2026

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

MercosurUS$5.070.4%

Brazil Avg.US$4.691.1%

UruguayUS$5.451.9%

ArgentinaUS$6.27-1.1%

ParaguayUS$4.50.0%

AustraliaUS$5.28-5.0%

USAUS$8.56-0.1%

Latest News

Asia

GACC rejections in March: Brazil leads in volume, labeling issues dominate Argentina

China rejected an estimated 291.0 tons of imported beef in March, with Brazil accounting for the largest share by a wide margin , followed by the US and Argentina.

Brazilian shipments totaled 166.8 tons across 16 plants, with “inconsistent cargo certificate” emerging as the main cause by volume, although a significant portion was also linked to products exceeding shelf life.

4/21/2026

Paraguay - Markets

Prices hold firm amid short bookings

The industry is maintaining last week’s listed prices, with references of US$ 4.50 per kg carcass for common males and US$ 4.20–4.25 per kg for finished cows.

4/21/2026

Argentina - Markets

Export steer prices remain stable, but industry pressures downward

Prices for British-breed cross steers, of higher beef quality, remained in the range of Ar$ 7,900 to 8,200 per kilo carcass weight, while zebu-cross animals traded between Ar$ 7,800 and 8,000. However, several processors indicated that above Ar$ 8,100 they begin to lose money.

4/21/2026

Argentina

US regains position as second destination

After a decline in February due to uncertainty regarding the new tariff quota, the US regained second place among Argentina’s export destinations, overtaking Israel.

4/21/2026

Argentina

Israel posts record purchases of chilled beef in March

Israel imported 2,760 tons of Argentine chilled beef in March, the highest volume ever recorded, making it the leading buyer of this product. The average price also reached a record at US$ 11,082 per ton.

4/21/2026

Argentina

China rebounds but continues to lose share

In March, beef exports to China reached their highest level since November 2025: 15,918 tons of bone-in beef and bones from deboning were shipped for US$ 43.3 million, along with 22,444 tons of boneless beef for US$ 129.9 million.

4/21/2026

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