Paraguay Beef Exports Jump but U.S. Prices Refuse to Budge

Paraguay beef exports to the U.S. are rising because record U.S. beef prices and a thin cattle herd create a profitable arbitrage, not tariff cuts. Ben Klieve, toneX Financial Inc. Senior Research Analyst, explains what is pulling more Paraguayan beef into the U.S. and why prices have not responded. Paraguay has no U.S. beef import quota of its own and shares a general allocation with Brazil, so it pays a higher tariff than neighbors such as Argentina. Lower tariffs have done little to raise beef imports or move U.S. beef prices, which stay high on a record-low cattle herd. The tariff-free allowance expires at the end of November, but the price gap drawing imports in remains. 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 - Paraguay Beef Shipments Climb 00:21 - U.S. Beef Prices Lure Paraguay 01:44 - The Quota Paraguay Never Got 03:28 - Lower Tariffs, No Price Relief 04:41 - Tariff Window Shuts, Gap Stays Like and subscribe for more financial market insights. #Beef #StoneX #BenKlieve #Cattle #Paraguay --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@StoneX_Official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social