Last Tuesday, the Argentine government announced the reopening of beef exports. Even with the authorization for the negotiations, until December, Argentine producers will not be able to sell the most popular cuts in that country and until August 31, shipments will not be able to surpass the average of last year’s exports.
The restrictions are aimed at guaranteeing domestic supplies at reasonable prices and were announced by the ministers of Productive Development, Matías Kulfas, and of Agriculture, Luis Basterra.
The government expects that, with greater domestic supply, domestic meat prices will slow down. There was an increase of 76% compared to the previous year, above the general price index, which was 48.8%.
With 45 kilos per capita per year, Argentina is one of the countries that consumes the most meat in the world, in addition to being the fifth largest producer and fourth largest exporter in the world. About 30% of its production is shipped abroad.