Argentine cattle farming: "extraordinary" moment of the global beef market and the problem of falling stock.

The global beef market is experiencing an "extraordinary" moment, due to the high international prices currently being recorded and increasing demand supported by traditional consumption and that of young people, who are returning to seek good nutrition including animal proteins. However, in the case of Argentina, while there are no bad prospects for the cattle industry, the local bovine herd has been decreasing in recent years, which could limit beef supply for the coming years. This was explained by cattle consultant Víctor Tonelli to PERFIL, who also noted that the possibility of increased beef exports to the United States would result in higher net income for the sector, and considered that maintaining policies such as the temporary reduction of withholdings on beef "could encourage production and improve local competitiveness." "Looking back, I remember few moments like the one the global beef market is experiencing today. It is extraordinary. Clearly the prices are frankly ...