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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
Australia's Feeder Steer Indicator reached A¢/kg lwt 544 this week after gaining 38 cents (+7.5%) over the past month, approaching the record A¢/kg lwt 576 set in December 2021. According to Meat & Livestock Australia (MLA), the stronger performance reflects rising feedlot demand, tight global beef supplies and the impact of China's beef import quota system.
Jul 13, 2026
Manufacturing beef markets are coming under increasing pressure as Brazil redirects more product to alternative destinations while approaching the exhaustion of its annual beef quota for China.
Jul 13, 2026
The exhaustion of China's annual 205,000-ton import quota triggered a sharp shift in the destination of Australian grainfed beef exports in June. According to Beef Central, China's share of Australia's total grainfed beef exports fell from nearly 40% to just 12% in June, while Japan, South Korea and, to a lesser extent, other markets absorbed much of the displaced volume.
Last update 07/06/2026
Latest
Australia's Feeder Steer Indicator reached A¢/kg lwt 544 this week after gaining 38 cents (+7.5%) over the past month, approaching the record A¢/kg lwt 576 set in December 2021. According to Meat & Livestock Australia (MLA), the stronger performance reflects rising feedlot demand, tight global beef supplies and the impact of China's beef import quota system.
Manufacturing beef markets are coming under increasing pressure as Brazil redirects more product to alternative destinations while approaching the exhaustion of its annual beef quota for China.
The exhaustion of China's annual 205,000-ton import quota triggered a sharp shift in the destination of Australian grainfed beef exports in June.
According to Beef Central, China's share of Australia's total grainfed beef exports fell from nearly 40% to just 12% in June, while Japan, South Korea and, to a lesser extent, other markets absorbed much of the displaced volume.
Poland has notified the World Organization for Animal Health (WOAH) of a new outbreak of African swine fever (ASF) at a domestic pig farm in Świecie, in the Kuyavian-Pomeranian region.
According to the immediate notification filed through the WAHIS system, the event began on July 6, 2026, and was confirmed the following day.
Compared to the last market test, US beef import prices were mostly slightly lower, with some out-front sales reported moderately to sharply lower. Trading activity ranged from slow to moderate.
US fed cattle prices posted a sharp correction last week as lower futures and weaker boxed beef values pressured the cash market. Live cattle traded at US$/cwt 248 across all major regions, down US$/cwt 7 from the previous week, while dressed cattle sold at US$/cwt 393, a decline of US$/cwt 10.
US beef exports posted mixed results in May 2026, with lower shipment volumes offset by higher export value as stronger prices and demand in several key markets boosted returns.
According to data released by USDA and compiled by the US Meat Export Federation (USMEF), exports of beef and by-products totaled 91,925 tonnes, down 5% year-on-year, while export value increased 2% to US$ 818.1 million.
Sheep slaughter also increased last week. With three plants operating at significant capacity, 7,036 sheep were processed, the highest weekly total in seven weeks and more than 2,400 head above the previous week.
Uruguayan cattle slaughter increased last week to its highest level in eight weeks, since mid-May, when production for the last 481 quota window was coming to an end.
INAC reported that 46,711 head were processed in the week ended July 11, up 1,500 from the previous week and more than 5,500 above the same week last year. During the second half of the year, slaughter activity is expected to remain above year-ago levels.
