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Government assigns boneless meat export quota to the United States

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The Secretariat of Agriculture, Livestock and Fisheries arranged the distribution of 19.388,384 tons of beefwhich will be exported to the United States this year, out of a total quota of 20.000 tons allocated by the US Department of Agriculture.

This is established by the Resolution 10 / 2024, published this Tuesday (16.01.2024) in the Official Gazette.

According to the portfolio, this is Fresh, chilled and frozen boneless beef cutsor similar to those that make up the so-called "Hilton" Quota, corresponding to the countries of the European Union, given that This is a highly segmented and high-quality market.

He also recalled that within the process of harmonizing tariff quota management systems decided jointly with the other MERCOSUR partner countries, the criteria for assigning beef quotas to Europe and the United States are based on the past export performance of the applicants, according to their performance over the last three years, measured by the FOB value of their sales.

By 2023, the North American market represented a global business of 113 million dollars, with average prices of 7 thousand dollars for chilled cuts and 5 thousand dollars for frozen cuts, per ton exported.

48 companies, including meat processing plants and groups of exporting producers, applied for the 2024 commercial cycle registration process.

According to the Ministry of Agriculture, Argentina returned to the American meat market in 2018 and since 2020 the tariff quota has been fully used.

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