Bolivia maintains veto on beef exports until domestic prices stabilize

The Minister of Rural Development and Lands, Yamil Flores, announced that he will meet with cattle ranchers tomorrow, Friday, to address the issue and demand compliance with previous agreements. He argued that producers have not respected their commitments regarding the cost of meat in the local market, which has generated fluctuations that affect consumers. "We cannot allocate meat for export while prices are not regulated. We must talk to the productive sector; live cattle are the ones that remain high (...) The people cannot tolerate this ups and downs in the livestock sector," said the official, emphasizing that the government's priority is to guarantee price stability for Bolivians before allowing new exports. Bolivia allocates 90 percent of its beef production for domestic consumption, while only 10 percent is exported. However, the ...