Four Weeks In: Assessing the Market Response to the Expanded Beef Tariff-Rate Quota
Four weeks after the September 1 launch of the United States’ temporary 300,000 metric ton (MT) beef tariff-rate quota expansion, market data have so far provided limited evidence of a broad consumer-price response associated with the additional tariff-free import volume.
Below, Expana examines the market’s reaction to date and highlights key watchpoints for the weeks ahead.
Wholesale and Producer Prices Move Modestly Lower
The US boxed beef cutout (Choice, 600/900 total carcass value) has traded in a narrow band since the September 1 effective date, moving from $3.70/lb to $3.66/lb as of September 25...
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