Government analyzes rise in beef prices and advances measures

The Ministry of Agriculture and Rural Development identified rises in beef prices in 2026, due to a 14.59% increase in live cattle prices. The government is dialoguing with supply chain actors to implement measures protecting domestic supply and household economies.

The Ministry of Agriculture and Rural Development conducts ongoing technical monitoring of food prices in Colombia. This revealed increases in beef prices during 2026, driven by a 14.59% annual rise in live cattle auction prices up to January that year. This accounts for about 53% of production costs, passing pressures to consumers. In 2025, female slaughter reached 40.9% of the national total, concentrated in animals aged 2 to 5 years, impacting herd replenishment. Live cattle exports were 7.9% of national production that year, with 73% being males aged 1 to 2 years, and 39% of these going abroad, reducing domestic supply. The extraction rate for males in that age group was 10.8% from November 2024 to October 2025, exceeding natural replenishment. To address these trends, the government has held talks with supply chain stakeholders. Proposed measures include reducing slaughter of breeding-age females, enhancing traceability for real-time data on slaughter and exports, and setting an annual export quota for males aged 1 to 2 years. These aim to stabilize prices, safeguard national production, and ensure food security.

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Colombian government projects dollar at $3,801 and brent at us$59.2 for 2026

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The Ministry of Finance published the Financial Plan for 2026, projecting 2.6% GDP growth and 5.8% inflation. The document estimates an average dollar rate of $3,801 and Brent barrel at US$59.2, though analysts warn of calculation errors and lack of concrete measures for fiscal cuts. The publication was delayed by more than a month compared to previous years.

The average price of fattened cattle per kilo reached 9,348 pesos in April 2026, nearly double the 4,698 pesos recorded in April 2020.

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Andrés Contamagna, a cattle consultant, stated that recent beef price hikes are due to seasonal factors and will not persist. He forecasts price stability in April due to falling live cattle values. Consumption is shifting toward chicken and pork amid a structurally reduced beef supply.

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Huila's tilapia exports to the United States suffered a major blow in 2025 from a 10% tariff imposed by the US, forcing producers to lower prices to retain market share. Despite higher shipment volumes, sector incomes fell short of expectations. Experts note the companies' resilience but warn of ongoing challenges.

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