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China has extended export registrations for 425 US beef plants for another five years, marking the clearest sign yet of restored access to the Chinese market after months of restrictions.
May 17, 2026
The rapid escalation in cattle prices is intensifying pressure on processor margins, increasing the likelihood of further cuts in slaughter volumes in the coming weeks.
May 17, 2026
Trading for Australia/New Zealand product remained slow, while South American trade was moderate. Weaker foodservice demand continued to pressure forward prices.
Last update 05/11/2026
Latest
China has extended export registrations for 425 US beef plants for another five years, marking the clearest sign yet of restored access to the Chinese market after months of restrictions.
The rapid escalation in cattle prices is intensifying pressure on processor margins, increasing the likelihood of further cuts in slaughter volumes in the coming weeks.
Trading for Australia/New Zealand product remained slow, while South American trade was moderate. Weaker foodservice demand continued to pressure forward prices.
The company slaughtered 136,600 head between January and March, down 14% year-on-year, reflecting Brazil’s cattle cycle shift. Even so, results improved on stronger domestic sales.
Net profit fell 55% year-on-year to US$ 221 million, compared with US$ 500 million in the first quarter of 2025.
The group reported net profit attributable to controlling shareholders of R$ 111 million (US$ 22 million) in the first quarter of 2026, up 26% from the same period last year.
China renewed import licenses for hundreds of US beef plants, reviving trade flows as Donald Trump and Xi Jinping meet in Beijing in an effort to stabilize commercial and geopolitical relations.
The European Union announced that it will exclude Brazil from the list of countries authorized to export meat and other animal-origin products to the bloc starting on September 3, arguing that the guarantees presented by the country regarding the control of antimicrobial use as growth promoters in animal production are insufficient.
China announced that, starting May 1, 2026, it will implement zero tariff treatment on all goods from the 53 African countries with which it maintains diplomatic relations. In addition, China will upgrade its "green channel" for African agricultural exports, further expanding market access for high-quality products including beef, poultry, and seafood, informed OIG+X.
Slaughter cattle prices extended their upward trend. One cattle buyer from a processing plant quoted list prices of US$ 4.75 per kg carcass weight for common males and US$ 4.35-4.40 per kg for finished cows, with shipments being scheduled for May 25.
Export cattle prices generally remained within the ranges seen in the previous week, although there was a decline of Ar$ 100 for the higher-quality steers.
The conditions in the slaughter cattle market have not changed: a minimal supply of grassfed finished cattle, demand that remains interested in buying, and short slaughter schedules.
