Argentine Beef Exports to US Hit Record Levels as Higher Prices Lift Domestic Costs
Updated
Updated · Bloomberg · Jun 30
Argentine Beef Exports to US Hit Record Levels as Higher Prices Lift Domestic Costs
2 articles · Updated · Bloomberg · Jun 30
Summary
Argentine beef shipments to the United States are climbing this year to unprecedented levels as US buyers pay more amid elevated American beef prices.
Donald Trump turned to Argentina to bolster US supply and help contain beef costs before the midterm elections, showing how Washington is steering trade within a broader bilateral relationship.
Higher-paying US demand is pushing Argentine exporters to favor American buyers over China, deepening a shift in export flows.
That export boom is also making Argentina’s traditional asado more expensive at home, creating a political risk for President Javier Milei ahead of next year’s reelection campaign.