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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 16, 2026

JBS posts record revenue, but profit drops sharply on North American pressure

Net profit fell 55% year-on-year to US$ 221 million, compared with US$ 500 million in the first quarter of 2025.

May 16, 2026
MBRF posts 26% increase in quarterly profit, with focus on China and the Middle East
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.
May 14, 2026
China renews import licenses for hundreds of US beef plants
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.

See all news

Steer (US$/kg carcass weight)

Last update 05/11/2026

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

MercosurUS$5.040.2%

Brazil Avg.US$4.6-0.2%

UruguayUS$5.631.4%

ArgentinaUS$6.13-0.5%

ParaguayUS$4.771.5%

AustraliaUS$5.675.4%

USAUS$8.870.8%

Latest

Latest News

See all news

Brazil

JBS posts record revenue, but profit drops sharply on North American pressure

Net profit fell 55% year-on-year to US$ 221 million, compared with US$ 500 million in the first quarter of 2025.

May 16, 2026

Brazil

MBRF posts 26% increase in quarterly profit, with focus on China and the Middle East

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.

May 16, 2026

Asia

China renews import licenses for hundreds of US beef plants

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.

May 14, 2026

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Europe

EU threatens to suspend Brazilian meat imports from September

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.

May 13, 2026

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Asia

China announced zero tariff treatment on all goods from 53 African countries

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.

May 12, 2026

Paraguay

Steady firmness for finished cattle

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.

May 12, 2026

Argentina - Markets

Slight setback in export steer prices

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.

May 12, 2026

Uruguay - Markets

Finished cattle prices continue to rise

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.

May 12, 2026

Uruguay

Higher prices for kosher lamb

The first export requests for lamb to the Israeli market have started to appear with prices that, as in the case of beef, are above those prevailing before the Passover break.

May 12, 2026

Brazil - Markets

Finished male prices moderated their declines

The slaughter cattle market maintained its downward price trend, although declines were smaller than in the previous two weeks.

The average finished male price in the main cattle-producing regions fell by R$ 2.2 over the week to R$/@ 338, accumulating a decline of R$ 11.8 over the last three weeks. The references are based on state data from consultancy Scot, excluding the Funrural tax and with 30-day payment terms.

May 12, 2026

Brazil

Cattle slaughter declined in April in Mato Grosso

Cattle slaughter in Mato Grosso, Brazil’s largest cattle-producing state, totaled 586.87 thousand head in April, a monthly decline of 6.39%. The decrease was observed in both males (-6.73%) and females (-6.07%), which totaled 281.58 thousand and 305.29 thousand head, respectively.

May 12, 2026

FOB Mercosur - Markets

Firm prices for the Mercosur steer

The average value of slaughter cattle remains firm with moderate increases across Mercosur. Price increases were recorded in Uruguay and Paraguay, while slight declines were seen in Brazil and Argentina.

May 12, 2026

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