The jewel of the business: Argentina fulfilled a select beef quota for Europe, bringing in US$350 million

For the third time in the last seven years, Argentina has fulfilled the entire Hilton Quota, the contingent for exporting high-quality commercial meat to Europe. In the last seven years, the quota was fulfilled in the 2018/2019, 2022/2023, and 2024/25 cycles. Exports represented US$350 million. "Argentina executed the total Hilton quota to the European Union with 29,350.4 tons exported for the 2024/2025 cycle, which ended on June 30. It should be noted that the total amount authorized for the EU is 29,389 tons," reported the Agriculture Secretariat, which added: "In that line, if we add the tons exported to the United Kingdom, the total rises to 29,461.4 from an original quota of 29,500 tons, divided after the Brexit process." According to the Agriculture report, sales meant around $350 million FOB value, with average prices that since April 2025 reached US$18,000 per ton for cuts of the so-called rump & loin (loin, narrow steak, rump, and its derivatives). In this context, the ...