Beef Imports Are Rising and the U.S. Herd Keeps Shrinking

The U.S. beef import tariff waiver covers 300,000 metric tons, about 10% of annual U.S. beef imports and roughly 2% of total U.S. beef consumption. Ben Klieve, Senior Research Analyst at The Benchmark Company, breaks down where that volume actually lands across the beef supply chain, from the ranch through processing to the supermarket shelf. The waiver removes the higher out of quota tariff for 90 days, and the trim and fats that go into U.S. ground beef would most likely arrive from Brazil, Argentina, and Australia rather than from Canada and Mexico, which ship live animals into U.S. processing facilities instead. Cattle ranchers have pushed back hard, because cheaper imported beef weakens the case for rebuilding a herd that is already historically small. Running alongside it, the reopening of the Mexican cattle border is progressing one location at a time, and the screwworm impact has proved smaller than many feared. Discover Actionable Markets Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_ben_klieve&utm_content=share 00:00 - 300,000 Tons Hits U.S. Beef 01:43 - Cheaper Burgers Are Not Coming 02:50 - Brazil and Australia Fill Trim 03:46 - Ranchers Take the Real Hit 05:41 - Mexican Cattle Trickle Back 06:53 - Permanent Cuts or Band Aid Like and subscribe for more financial market insights. #Cattle #Beef #StoneX #BenKlieve