Agriculture, Livestock, Meat

April 16, 2026

Mounting risks for global beef prices: what’s driving market uncertainty?

HIGHLIGHTS

Global beef prices hit record highs in Q1

Strong US demand supports rising market

Quotas, geopolitical risks threaten trade

Global beef prices are rising, with multiple record highs recorded for beef from Australia and Brazil, as well as in the US lean trimmings import market during the first quarter. Although strong US demand has supported the market, the global beef industry is facing challenges related to quotas and geopolitical risks. In this podcast, we shed light on the increasing risks affecting the beef trade.

Join S&P Global Energy's Edward Low and Chow Yuh Nien, price reporters for agriculture and food pricing, along with Jack Mullumby, senior principal analyst for APAC proteins, as they discuss the robust global beef prices and the emerging risks to international trade.

Price assessments (subscriber content):

90CL beef FCA Australia (ATALD00)

90CL beef CIF East Coast US (ATALB00)

Platts Brazil Beef marker (ATALC00)

90CL beef FCA East Coast US (GPBFN00)

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