US expands quota for Argentine beef to 80,000 tons per year

market, although the country will have to increase its livestock and increase productivity per cow to ensure stable supplies and maintain domestic prices. The expansion of the quota comes against the backdrop of a crisis in the United States, where the cattle population is at its lowest in 75 years. Despite this, demand for beef has grown by 9% over the past decade, forcing the US administration to increase imports to stabilize the market and contain price increases. For Argentina, the agreement is a sign of international confidence and an incentive to promote local meat on the global market. Analysts explain that the economic benefit for Argentine exporters lies in the difference in tariffs: sales within the quota are taxed at 10%, while outside it – at 36.4%, which provides additional income of about $ 300 million. At the same time, experts emphasize that the impact on domestic consumption and production volumes will be minimal, since the additional tons sent to the United ...