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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 09/14/2026
Latest
The National Livestock Information System (SNIG) confirmed that Uruguay’s cattle herd increased to 11.84 million head as of June 30, 2026, nearly 400,000 more than a year earlier, according to preliminary data released by the Ministry of Livestock.
Uruguay’s sheep flock decreased by 3.9% year-on-year to 4,566,892 head, compared with 4,752,400 in 2025, according to SNIG data as of June 30.
China is beginning to show greater buying momentum, although buyers remain cautious in the face of steadily rising prices. Intermediaries report new business and demand gradually adjusting to higher values, while firmer indications are already emerging from Brazil for shipments under the 2027 quota.
A European importer said asking prices for Argentine Hilton rump & loin have reached US$ 23,000 per ton FOB, although this remains a nominal value for the time being. Business from Argentina was reported last week at US$ 22,500-22,600 FOB. Uruguayan references range from US$ 21,500 to US$ 22,000 FOB.
Two vessels carrying Quota 481 and Hilton beef cuts from Argentina and Uruguay to the EU coincidentally encountered serious problems off the Brazilian coast, with General Average declared in both cases.
A source told World Beef Report (WBR) that, as of September 14, approximately 22,000 tons of the new 100,000-ton US quota available for duty-free entry this month had been used. The volume is part of the 300,000 tons announced by Donald Trump through November in an attempt to reduce US ground beef prices.
An intermediary consulted by WBR said current pressure on the US market reflects “abundant Australian supply more than Brazilian product.”
Chilean demand remains active, although differences persist between Paraguayan asking prices and the values buyers are prepared to accept. One exporter closed business for 20-cut sets at US$ 7,560 per ton CIP Santiago for shipment next week, while another source reported a reference of US$ 7,820 CIP Santiago.
A Uruguayan exporter reported lip meat sales to African markets at US$ 2,200 per ton FOB and tripe with cap to Europe at US$ 3,600 FOB.
