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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

May 24, 2026

Chinese beef imports from Brazil fell by nearly 40 thousand tons in April

Chinese imports of Brazilian beef contracted sharply in April, reaching the lowest level in 11 months, since May 2025.

May 24, 2026
Brazil completed 55% of its quota in four months
As expected, the relatively limited quota assigned by China to Brazil and Australia means that both countries are filling their quotas at a rapid pace.
May 24, 2026
Sharp increase in average import value
China’s average beef import value jumped 8.1% month-on-month in April to US$6,131/t, according to GACC data.

See all news

Steer (US$/kg carcass weight)

Last update 05/18/2026

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

MercosurUS$4.94-2.0%

Brazil Avg.US$4.43-3.7%

UruguayUS$5.680.9%

ArgentinaUS$6.1-0.5%

ParaguayUS$4.851.7%

AustraliaUS$5.82.3%

USAUS$9.052.0%

Latest

Latest News

See all news

Asia

Chinese beef imports from Brazil fell by nearly 40 thousand tons in April

Chinese imports of Brazilian beef contracted sharply in April, reaching the lowest level in 11 months, since May 2025.

May 24, 2026

Asia

Brazil completed 55% of its quota in four months

As expected, the relatively limited quota assigned by China to Brazil and Australia means that both countries are filling their quotas at a rapid pace.

May 24, 2026

Asia

Sharp increase in average import value

China’s average beef import value jumped 8.1% month-on-month in April to US$6,131/t, according to GACC data.

May 24, 2026

Asia

Australia overtook Uruguay in frozen bone-in beef

Uruguay, which until 2023 had been China’s leading frozen bone-in beef supplier, fell to third place during the first four months of 2026.

May 24, 2026

Asia

Uruguay dominates China’s bovine offal imports

With the virtual disappearance of the United States from the market, Uruguay became the dominant supplier in China’s imported bovine offal segment.

May 24, 2026

SIAL Shanghai

Bolivia accelerates cattle transformation and targets new markets

The opening of the Chinese market in 2019 marked a turning point for Bolivia’s beef industry. That was the view of Jaime Barrenechea, general manager of Fridosa, who highlighted the strong modernization and expansion process the country’s cattle sector has undergone in recent years, driven by beef exports to China.

May 24, 2026

SIAL Shanghai

Argentina bets on China while losing competitive edge in the United States

The 2026 edition of SIAL Shanghai provided a clearer picture of China’s beef market, but also highlighted new challenges for Argentine exporters. That was the view of Hugo Borrell, CEO of ArreBeef, who said the restrictions imposed by China on Brazil and Australia could create opportunities for Argentina, particularly in the grainfed segment.

May 24, 2026

SIAL Shanghai

MBRF sees firm global beef market with rising price outlook

Uncertainty over the exhaustion of Brazil’s quota in China dominated much of the discussion at SIAL Shanghai 2026. However, according to Alison Navarro, head of MBRF’s beef division, the outlook is becoming clearer, with Brazil likely able to continue exporting to China through July before redirecting part of its production to other markets, particularly the United States.

May 24, 2026

Interview

“Global beef demand remains firm, and Uruguay needs to take advantage by producing more”

Fernando González, principal at Copayan, spoke with WBR from SIAL Shanghai about the international market outlook, the situation facing Uruguay’s beef industry, and the expansion plans of the Rocha-based processor.

May 24, 2026

SIAL Shanghai

SIAL Shanghai ends with major developments and lingering uncertainty

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.

May 20, 2026

Asia

GACC rejected 211 tons of beef imports in April

Only 211 tons of beef were blocked from entering China by customs authorities in April, according to information published by OIG+X.

May 19, 2026

Paraguay - Markets

Cattle market remains very firm

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).

May 19, 2026

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