South American Cattle Are Back. Will Beef Prices Finally Drop?

Ground beef prices in the United States remain close to record levels, and a 90-day waiver would allow up to 300,000 metric tons of beef into the country without the higher out of quota tariff. Ben Klieve, Senior Research Analyst at The Benchmark Company, walks through where that volume actually lands across the beef supply chain, and why a 90-day window may not result in a long-term impact on prices. View his full report in the related video.