1. Argentina is a large foreign cattle raising countries, large-scale farming methods make the cost of grass feed low, so beef prices are relatively low.
2. Argentina and other countries signed a trade agreement, part of the beef tariffs gradually reduced or even zero, which shows that the Argentine market supply exceeds demand, there is no trade protection of beef, and therefore will not set barriers to tariffs.
3. Low freight is also a reason. Because of the vastness of China, the cost of transportation from Inner Mongolia to the Pearl River Delta by land or air, even more expensive than Australia's transportation to the Pearl River Delta by sea. As a result, Argentine beef prices are relatively low.
In short, it is the combination of farming costs, tariffs and shipping costs that lead to the relatively low price of Argentine steak.