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Argentina

Despite high prices, the United States has not yet regained the shipping pace of the first quarter

Sales to the US market totaled 2,595 tons in July, for about US$ 23 million. Although chilled beef exports totaled 756 tons for US$ 8.4 million, the highest performance of the year except for February, frozen beef reached only 1,839 tons, the lowest volume of the year, for US$ 14.6 million, virtually unchanged from June.

Uncertainty over the reciprocal tariff system of Donald Trump’s government seems to have influenced this destination not yet recovering from the drop in May, the month following the first tariff announcement. And this even though average prices so far this year are 44% higher in chilled beef and 35% higher in frozen beef compared to 2024. Sales to this destination, Argentina’s fourth most important in volume, are expected to rebound in August.