EU-28: High Quality Beef Quota Fill Under Fierce Import Competition

  |   Attaché Report (GAIN)

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U.S. Mission to the European Union   |   (011-32-2) 811-4247

The third quarter of the 2017/18 High Quality Beef (HQB) quota is expected to fill in only about three weeks. The smaller second quarter allocation led to a stack of over 4,000 MT of beef waiting for the opening of the third quarter on January 2. The eligible increasing production in Argentina and the return of Australian beef supply have initiated a fierce race between EU importers for duty-free beef imports within the available HQB volume.

EU-28: High Quality Beef Quota Fill Under Fierce Import Competition

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Europe and Eurasia, European Union

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