World beef prices today

The price of Beef today, updated on 07/09/2026, stands at 347.70 BRL/kg, equivalent to approximately 1,436,459,964 VND/ton, maintaining a stable trend with a slight increase of 0.03% compared to the previous trading session. This is the highest price within the last 30-day range, reflecting positive but stable volatility in the international food market.

Market data shows that the price difference compared to the previous session was only +0.10 BRL/kg (about +413 VND/kg). In early September 2026, beef prices gradually adjusted upward from 346.00 BRL/kg on 01/09 to the current level, bringing this month's average price to 347.40 BRL/kg, higher than last month's average of 345.87 BRL/kg.

In the Vietnamese market, price parameters converted to VND are an important basis for businesses to forecast import and distribution costs. With the fluctuation range in the last 30 days falling between 342.50 - 347.70 BRL/kg (equivalent to 1,414,977,100 - 1,436,459,964 VND/ton), the market is currently in a high price zone but has solid support from international supply factors.

On the international market, Beef is traded in kg and quoted in BRL.

Beef belongs to the Food commodity group. This is one of the most commonly traded commodity groups on global commodity exchanges.

Beef prices in the Vietnamese market are influenced by a range of complex factors, primarily arising from the interaction between supply and demand, along with impacts from the macroeconomic environment and external factors.

On the Supply side: Domestic livestock production plays a crucial role, including herd size, farming productivity, and input costs such as feed, veterinary medicine, and labor. Disease outbreaks in cattle can also cause sudden supply shocks. Additionally, imported supply from key markets like Australia, the US, or Brazil, which is influenced by trade policies, tariffs, quotas, and quarantine regulations, also strongly impacts domestic beef prices.

On the Demand side: Consumer income and spending are key factors, as beef is typically a higher-value item compared to other meats. Price fluctuations of substitutes like pork and chicken can cause consumers to shift their choices, affecting beef demand. Furthermore, tastes, culinary trends, and consumption demand at restaurants, hotels, or during holidays also contribute to shaping market demand.

Policy, Macroeconomic, and Other factors: State agricultural policies, including livestock support, price controls, or food safety regulations, directly affect production costs and selling prices. Exchange rate fluctuations between the Vietnamese Dong and major foreign currencies impact the cost of importing beef and animal feed ingredients. Inflation and interest rates also affect business operating costs and consumer purchasing power. Additionally, weather and climate change can affect natural feed sources, cattle health, and transportation costs; geopolitical factors such as conflicts or international trade tensions also pose risks of disrupting global supply chains.

Beef prices in the Vietnamese market in the coming period are expected to be influenced by various factors, including both global and domestic supply and demand.

In the short term, imported beef prices, particularly from Brazil (the world's largest beef exporter), will continue to be the primary factor shaping the market. Currently, global supply is relatively stable; however, input costs such as animal feed and energy remain high, putting pressure on production costs. Consumption demand in Vietnam is expected to remain stable or increase slightly during year-end festivals. Nevertheless, inflationary pressures and general consumer purchasing power may limit excessive price hikes. Technically, prices may fluctuate within a certain range, reflecting the balance between production costs and market affordability.

In the medium and long term, beef price trends may lean toward a slight increase due to several fundamental factors. Concerns over climate change and environmental pressures are prompting some countries to reduce livestock scales. Simultaneously, trade agreements and Vietnam's import policies will play a crucial role in ensuring supply and stabilizing prices. Shifts in consumer preferences toward high-quality products or alternative protein sources are also factors to monitor.

For a more accurate assessment, the following factors should be closely monitored:

• Export status from major countries: Particularly Brazil, Australia, and the US, as well as their trade policies.
• Exchange rates: Fluctuations of the BRL against the VND (or USD if importing from multiple sources) will directly affect import costs.
• Logistics and international shipping costs: Impacting the final cost price.
• Health of the Vietnamese economy: Consumer purchasing power is the key factor determining demand.

At the current time, the decision to buy or sell beef needs to be carefully considered based on both fundamental and technical factors. The global beef market, particularly supply from Brazil (the largest exporting nation with the BRL directly influencing it), is being impacted by various complex macro and micro factors.

Fundamentally, investors need to closely monitor the supply and demand situation. Beef supply from Brazil can be affected by factors such as weather conditions (drought affecting pastures), feed costs, and disease issues (e.g., Mad Cow Disease). Global demand, especially from major importing markets like China, is also a key driver; economic recovery or weakness in these countries will directly impact prices. Additionally, fluctuations of the BRL against the USD play a pivotal role: a weakening BRL often makes Brazilian beef exports cheaper, boosting exports and potentially supporting domestic prices, and vice versa.

Regarding technical analysis, investors should track current price trends, key support, and resistance levels on beef price charts (or related futures contracts). Momentum indicators such as RSI or MACD can provide signals regarding overbought or oversold market conditions. However, the general recommendation is to closely follow the latest supply and demand reports, the global macroeconomic situation, and especially Brazil's monetary policy. This is for reference only and does not constitute specific investment advice; investors should conduct their own risk assessment and in-depth research before making decisions.