Global Beef Prices Expected to Stay High in Second Half as Supply Tightens

Demand for beef remains strong worldwide, with the United States, Europe and China keeping steady purchases. Uruguay's meat institute warns that limited cattle supplies will keep global beef stocks tight, supporting current price levels. Analysts say the high price environment is unlikely to rise further because the market is already near historic peaks and Chinese demand may face limits.

Brazil faces potential setbacks in the European market due to EU traceability and antimicrobial‑use rules, which could affect exporters such as JBS, Minerva and BRF. Paraguay has recently secured export approval for beef shipments to Turkey and is advancing talks on live‑cattle trade, expanding its market options. Overall, the combination of constrained supply, robust demand and new export opportunities underpins a positive outlook for beef prices through the second half of the year.