Proteins Price Assessments

Brazil Beef Marker, FCA Brazil assessment by S&P Global Commodity Insights is the daily price assessment for beef, representing frozen front forequarter 8 cuts, to be loaded in 40-foot refrigerated containers.

90CL Beef CIF US assessment by S&P Global Commodity Insights is the daily price assessment for beef, representing 90% chemical lean manufacturing beef loaded in 40-foot refrigerated containers.

Brazil Beef Marker, FCA Brazil assessment by S&P Global Commodity Insights is the daily price assessment for beef, representing frozen front forequarter 8 cuts, to be loaded in 40-foot refrigerated containers.

90CL Beef FCA Australia assessment by S&P Global Commodity Insights reflects the value of manufacturing beef, basis min 90% chemical lean (90CL) deboned, boxed and frozen.

95CL Beef CIF US assessment by S&P Global Commodity Insights is the daily price assessment for beef, representing 95% chemical lean manufacturing beef loaded in 40-foot refrigerated containers

85CL Beef CIF US assessment by S&P Global Commodity Insights is the daily price assessment for beef, representing 85% chemical lean manufacturing beef loaded in 40-foot refrigerated containers

US Chicken Marker by S&P Global Commodity Insights is the daily price assessment for chicken, representing medium-sized bone-in, skin-on leg quarters, frozen and loaded in 40-foot refrigerated containers FCA Savannah.

Chicken Leg FCA Brazil assessment by S&P Commodity Insights is the daily price assessment for chicken, representing frozen chicken boneless leg, skin on loaded in 40-foot refrigerated containers, to be loaded at Paranagua port.

Chicken Leg CFR Northeast Asia assessment by S&P Commodity Insights is the daily price assessment for chicken, representing frozen chicken boneless leg, skin on loaded in 40-foot refrigerated containers and delivered to Tokyo.

Chicken Breast CIF Middle East by S&P Global Commodity Insights is the daily price assessment for chicken breast, representing skin-off boneless single fillet in 40-foot refrigerated containers delivered to the region and normalised to Jebel Ali.

PDTO Shrimp FCA India assessment by S&P Global Commodity Insights is the daily price assessment for shrimp shipped from India, representing Farm-raised Vannamei, peeled, deveined, tail-on (PDTO), individually quick frozen with 31-40 pieces per lb loaded in 40-foot refrigerated containers with net weight of 15-20 mt.

HOSO Shrimp CIF EU assessment by S&P Global Commodity Insights is the daily price assessment for shrimp delivered to the EU, representing Vannamei, head-on, shell-on (HOSO), semi-Individually quick frozen with 30-40 pieces per kg, packed in 10kg boxes loaded in 40-foot refrigerated containers with net weight of 20 mt.

Ecuador Shrimp Marker, FCA Guayaquil assessment by S&P Global Commodity Insights is the daily price assessment for shrimp, representing Vannamei, head-on, shell-on (HOSO, semi-individually quick frozenwith 30-40 pieces per kg, loaded in 40-foot refrigerated containers with net weight of 20-23 mt.

PDTO Shrimp CIF US assessment by S&P Global Commodity Insights is the daily price assessment for shrimp delivered to the US, representing Vannamei, peeled, deveined, tail-on (PDTO), individually quick frozen with 16-20 pieces per lb, packed in 20 lb boxes loaded in 40-foot refrigerated containers with net weight of 15-17 mt.

EU Pork Marker EUPML00 assessment by S&P Commodity Insights is the daily price assessment for pork, representing frozen pork belly, skinless and boneless, loaded in 40-foot refrigerated containers of 25-27 mt net weight delivered FCA Barcelona, Spain. The EU Pork Marker (EUPML00) is published in eur/mt.

EU Pork Marker EUPMK00 assessment by S&P Commodity Insights is the daily price assessment for pork, representing frozen pork belly, skinless and boneless, loaded in 40-foot refrigerated containers of 25-27 mt net weight delivered FCA Barcelona, Spain. The EU Pork Marker (EUPMK00) is published in US dollars per metric ton, converted from eur/mt using the relevant EUR/US Dollar exchange rate (AAFCW00).

Pork Belly CFR North Asia assessment by S&P Global Commodity Insights is the daily price assessment for frozen boneless, rindless single ribbed pork belly delivered CFR Busan, South Korea. The assessment reflects the value of one 40-foot refrigerated container shipment of 25-27 mt net weight.

• US shrimp prices hold steady at $4.25/lb
• Inflation pressures weaken consumer demand
• Exporters report cautious US buyer activity

The US shrimp market remained steady on May 18, as broader economic pressures and cautious consumer spending continued to weigh on demand sentiment.

Platts, part of S&P Global Energy, assessed PDTO 16/20 shrimp at $4.25/pound ($9,370/metric ton), CIF New York, on May 18, unchanged from the previous assessment. Market participants continued to describe demand in the US market as subdued, particularly as inflation and elevated gasoline prices pressured consumer spending.

Participants said retail shrimp prices remain relatively high despite softer consumer trends, which are limiting discretionary seafood spending and prompting some consumers to shift toward lower-cost proteins such as chicken and beef. Recent retail and food price inflation has also pointed to broader increases in grocery and protein costs across the US market.

At the same time, exporters from both India and Ecuador continued to report cautious replacement demand from US buyers, with inventories remaining sufficient despite slower sales.

• Lean beef import market stays steady
• China beef access shows limited impact
• US domestic trim prices climb this week

The lean beef trimmings import market was steady and thin in volume on May 18.

Prices held for both 90CLs CIF East Coast US for a 30- to 60-day shipment period, for New Zealand/Australia origin, and for 90CLs FCA East Coast US for a 15- to 60-day delivery period, for South American origin, amid a quiet market.

The market was still awaiting a definition of the possible lifting of the US tariff rate quotas.

A beef analyst said the high US inflation in the beef category, as well as the recent visit of Brazilian president Luiz Inacio Lula da Silva to the White House, was prompting the Trump administration to look to do something with the tariff rate quotas, but that the US cattle industry was opposing that measure.

The market was also still digesting the results of US President Trump's recent visit to China.

China restored access to hundreds of US beef processing plants on May 15, but industry sources downplayed the immediate impact.

“I don’t think that we’re price-competitive enough [on beef cuts] to see commodity transfers moving forward, so it will mostly still be offal,” Caleb Hurst, principal analyst for cattle and beef at S&P Global Energy CERA, said. “I don’t think that we’ll see much more total volume of exports sent to China here, and even after the deal, until we see some price drop as we progress through the years.”

In the US side, demand for fresh domestic product remained strong.

“The [lean beef domestic] trim market was slightly higher this [last] week while the grinds market rebounded notably this week after seeing some puking last week,” S&P Global Energy CERA said in its last Weekly Beef Update report. “90s trim remains in the upper $450 range, but was $2 stronger this week.”

The US Department of Agriculture reported on May 18 that six trades for spot fresh 90CLs were reported at US central packing plants, with a weighted average of $479.58/hundredweight and a range of $466.25-$480.90/cwt. That was above levels seen in the prior week at about $457/cwt and two weeks ago at about $456/cwt.

For sport fresh 85CLs, 10 trades were reported on the afternoon of May 18, with a weighted average of $405.56/cwt and a range of $402.05-$409/cwt. That was in line trades in the week prior at about $405/cwt, but above the trades two weeks prior at about $399/cwt.

Platts assessed the 90CL beef CIF East Coast for a 30- to 60-day shipment period at $3.63/pound on May 18, unchanged day over day and week over week, but down 1.6% month over month, reflecting bearish sentiment for Australia/New Zealand origin after the peak season demand.

The 90CL beef FCA East Coast for a 16- to 60-day delivery period was assessed at $3.52/lb on May 18, unchanged day over day and week over week, but up 0.6% month over month, as demand for South America origins has been strong to cover the peak of the US grilling season demand.

Platts is part of S&P Global Energy.

• Chicken tenderloin prices fall on rising supply
• Strong production outlook extends BSB oversupply

Platts, part of S&P Global Energy, assessed chicken tenderloins at $1.63/pound, down 5 cents/lb from the prior session.

The assessment was based on a lower value range heard from $1.53-$1.63/lb.

Supply pressure that has pushed boneless skinless breast prices down to $1.35/lb was also weighing on tenderloin values. “This morning I had every vertically integrated company call me to buy BSB and tenders. Seems like the market is flooded and demand is down,” a trader said.

BSB prices did not decline during the session, but market comments indicated further declines. Projections of higher hatch rates and chick survivability have kept the production outlook strong, potentially extending the current oversupply in the BSB market.

“Producers are showing discounted offers for tenders, while breast is more: what would you pay me if you needed some?” the trader said.

US pork markets held steady on May 18 as lower hog slaughter offset mixed movement in primal cuts.

Fresh bone-in loin prices edged higher, supported by increased spot trading, while roasting cuts, such as the butt, saw significant gains. In contrast, belly prices continued to decline, limiting further gains in the overall pork cutout value.

Platts Frozen Pork Loin EXW-US Midwest was assessed at $1.39/pound or $3,064.43/metric ton, delivered Midwest for 16-30 days forward on May 18, unchanged from May 15.

Hog slaughter in the US was estimated at 2.371 million head this week, down 3.2% from the previous week, a decrease of 78,000 head. Compared to the same week last year, slaughter fell 0.9%, or about 22,000 head.

In the cash hog market, average valuations were $90.60/hundredweight, a marginal $0.24/cwt decline from the prior week. The USDA pork cutout value rose for the first time in four weeks, up $0.21/cwt to an average of $96.53/cwt.

Among fresh meat cuts, bone-in loin increased by $0.23/cwt to an average of $99.09/cwt, buoyed by higher spot volumes. Bone-in butt surged by $9.15/cwt, reaching an average of $162.10/cwt.

Processed products continued to weaken. Belly fell more than $6/cwt, averaging $121.56/cwt. The 42% Trimmings declined $3.94/cwt to $65.02/cwt, with slightly lower trading volumes.

Market participants noted that the balance between reduced slaughter and mixed cut values kept overall pork prices stable. The ongoing softness in processed items, especially belly, continues to limit broader gains, even as fresh cuts show strength. Traders are watching slaughter trends and spot activity for further direction in the coming weeks.

October 22 2026

Platts Brazil Soybeans: Offer at 32 c/bu over Mar (H) CBOT for February 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 160 c/bu over Nov (X) CBOT for November 2026 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 0 c/bu over May (K) CBOT for May 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 10 c/bu over Jul (N) CBOT for June 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at 35 c/bu over Mar (H) CBOT for February 2028 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at 5 c/bu over May (K) CBOT for May 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Trade at 0 c/bu over May (K) CBOT for May 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at -8 c/bu over Mar (H) CBOT for March 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at -20 c/bu over Mar (H) CBOT for March 2028 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 25 c/bu over Jul (N) CBOT for July 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at 15 c/bu over Jul (N) CBOT for June 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Indicative Value at 150 c/bu over Jan (F) CBOT for December 2026 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 52 c/bu over Aug (Q) CBOT for August 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Trade at -10 c/bu over May (K) CBOT for April 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at -5 c/bu over May (K) CBOT for April 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at -3 c/bu over Mar (H) CBOT for March 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Trade at 2 c/bu over Aug (Q) CBOT for August 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at 70 c/bu over Aug (Q) CBOT for August 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 0 c/bu over Mar (H) CBOT for February 2028 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Trade at 30 c/bu over Mar (H) CBOT for February 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Trade at -5 c/bu over Mar (H) CBOT for March 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at -10 c/bu over May (K) CBOT for April 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at 40 c/bu over Jul (N) CBOT for July 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Bid at 28 c/bu over Mar (H) CBOT for February 2027 loading, FOB-Paranagua, 5k.

Platts Brazil Soybeans: Offer at 173 c/bu over Nov (X) CBOT for November 2026 loading, FOB-Paranagua, 5k.

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