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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
Indonesia approved market access for five Australian meat export establishments, as announced on May 2 by Agriculture Minister Julie Collins. The plants, located in Queensland, Victoria, and Tasmania, received clearance effective May 1, 2026. One establishment also obtained approval for sheep and goat meat.
May 4, 2026
Australian beef exports reached 140,943 tons in April, up 11% year-on-year, with the United States and China leading demand. Volumes remained close to March levels, one of the highest on record.
May 4, 2026
Import beef prices in the USA were mostly steady to firm compared to the previous market test, with isolated instances slightly lower.
Last update 04/27/2026
Latest
Indonesia approved market access for five Australian meat export establishments, as announced on May 2 by Agriculture Minister Julie Collins. The plants, located in Queensland, Victoria, and Tasmania, received clearance effective May 1, 2026. One establishment also obtained approval for sheep and goat meat.
Australian beef exports reached 140,943 tons in April, up 11% year-on-year, with the United States and China leading demand. Volumes remained close to March levels, one of the highest on record.
Import beef prices in the USA were mostly steady to firm compared to the previous market test, with isolated instances slightly lower.
The need to increase purchases in the spot market pushed cash cattle prices sharply higher last week. Live sales ranged from US$/cwt 250 to 256, with most transactions around US$/cwt 255, while dressed prices moved between US$/cwt 398 and 405, with the bulk at US$/cwt 400. Weekly gains reached US$/cwt 9 for live cattle and US$/cwt 17 for dressed.
The recovery of the US beef cow herd is progressing slowly, constrained by widespread drought and high input costs, despite strong profitability signals.
According to CattleFax analyst Holden Ramey, about 75% of the US beef cow herd is currently in drought conditions—well above historical averages—limiting heifer retention and delaying herd expansion.
Falling beef production and record-high prices are driving stronger demand for ground beef, which continues to gain share within total consumption, according to analyst Derrell Peel.
