CICC Information: It is expected that the price of domestically produced beef in May will be in the range of 64-72 yuan/kg.

According to Zhuochuang Information, overall, the imported beef market in the second half of 2026 will enter a new stage of "quota bottoming out and cost soaring". After quotas from major sources such as Brazil and Australia are gradually exhausted, the substantial increase in the additional 55% high tariffs will push up the onshore costs. At the same time, the effect of reducing the number of breeding cows will continue to be released, and the number of slaughtered beef cattle will gradually decrease. With the double support of high import costs and tightening domestic production capacity, the upward trend of domestic beef prices is expected to strengthen further. Zhuochuang Information predicts that in May, the price of domestic beef will be in the range of 64-72 yuan per kilogram, and the price of imported beef will be in the range of 56-60 yuan per kilogram.