We are witnessing the last days of cheap meat in Argentina

Published 2024년 11월 5일

Tridge summary

Argentina's livestock sector is facing challenges due to high inflation, decreased animal numbers, and uncertainty about droughts, leading to an anticipated increase in meat prices. The economy's improvement could further drive up cattle and meat prices, benefiting breeders. China is a key export market, and the opening of new markets, including the United States, presents opportunities for Argentine meat. The United States' declining cattle numbers is expected to increase demand for imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Economist Salvador Di Stefano spoke to Chacra TV and explained that the livestock sector in Argentina is facing a difficult time due to high inflation and a decrease in the number of animals, coupled with uncertainty over droughts. Di Stefano warned about the upcoming increase in meat prices, as there are fewer calves and animals ready for consumption. If the economy improves, cattle and meat prices at the counter will also rise, benefiting breeders. Regarding exports, Di Stefano highlighted the potential of China, the main market, and the opening of new markets such as the United States, which is losing cattle and will need to import more meat. This situation favors Argentina, since its production of minced meat is compatible with American preferences, and the integration of new cuts in these markets benefits "Livestock farming today is experiencing a very special moment because it comes from many years where the business did not close," said Di Stefano and explained that having ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.