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Full AccessLeading Weekly Publication in Beef and Sheep Export from Mercosur to the World. Prices, Trends, and Key Analysis for the Livestock and Meat Market
Last update 09/28/2026
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Chinese demand remains active, although the market gained a new source of uncertainty after Uruguay expressed its willingness to transfer part of its unused quota to Brazil and Australia. The proposal still requires approval from China, which has the authority to decide on any reallocation of the quotas (see more under Uruguay).
The strong recovery in prices for higher-value chilled Hilton cuts appears to have reached something of a plateau over the past week, although some regional exporters are relying on tight supplies to seek further increases in forward selling prices.
The outlook in the United States is significantly weaker. A trader described the market as “dead,” with no buying interest and depressed prices over the past week. For Argentina, the exhaustion of its quota and the resulting return of import duties have also virtually removed the United States as a commercial alternative.
A Brazilian exporter reported “somewhat stronger demand” from the Middle East, particularly Saudi Arabia. The source concluded topside deals at US$ 7,250 per ton CIF Jeddah.
A Brazilian industry source said bids were received at US$ 6,180 per ton for chuck & blade shipped to Vladivostok and at US$ 7,100-7,200 for topside.
Some market participants said Chile was left with inventories following last weekend’s national holidays, although others offered the opposite assessment.
Export industry sources told World Beef Report (WBR) that Israel’s Rabbinate authorized kosher teams to depart for the region on October 18, meaning they will begin operating toward the end of next month.
The average slaughter cattle price in Mercosur increased this week, driven by higher prices in Brazil and Paraguay. The WBR Mercosur Steer Index rose by 5 cents to US$ 4.87 per kg carcass weight.
Finished cattle prices rose at a faster pace over the past week, under pressure from tight supplies that are expected to decline further.
