Checkmate for Argentine livestock: Exchange rate lag with higher costs

Argentine cattle farming is not taking off. The combination of a currency lag and new costs complicates the profitability of the sector. It is well known that beef is Argentina's most emblematic product. And its quality in the world is indisputable, now also by several Asian countries that are just discovering this type of food. It was the economic backbone of the country's start with the conquistadors, starting with the salting houses and beef jerky even before the colony, and then, with the appearance of refrigerated ships, exponential growth began towards the end of the 19th century, starting with overseas exports. It was the time when Europe was the Mecca of the world. The absolute reign of "meat" lasted practically half a century until, with the increase in immigration, agriculture began with which it coexisted, alternated and was strengthened, also taking advantage of the advances of "the greens." But despite its possibilities and its extraordinary quality, it can be said ...