World: Overseas agriculture-related information bulletin

Published 2023년 8월 22일

Tridge summary

The Argentine government has suspended beef exports for 15 days in order to stabilize prices and ensure domestic demand, causing resistance from the industry. However, the Secretary of Agriculture later stated that negotiations are ongoing and exports will not be suspended. In Pakistan, the majority of the country's edible oil consumption needs to be imported due to low market income for oilseeds, costing around $3.6 billion annually, but a new variety of rapeseed developed by Chinese and Pakistani enterprises is expected to increase domestic production by 10% this year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

1. According to the comprehensive news from the Argentine National Daily and the National News Agency on August 15, due to the strong rise in the live animal market and beef prices due to the depreciation of the peso, the Argentine government announced the suspension of beef exports for 15 days from August 15 in order to stabilize the situation. The price of domestic beef ensures domestic demand. Once the news was announced, it triggered strong resistance from the industry. In the afternoon of the same day, the Secretary of Agriculture, Animal Husbandry and Fisheries Bashilo said that the Afghan government is currently negotiating prices with meat exporters and will not suspend beef exports. .The report said that the "Corn Dollar" plan implemented by the Afghan government has led to an increase in domestic feed prices and breeding costs. Up to now, the market price of live animals has increased by 40%, and it will be quickly transmitted to the consumer terminal. the 2. According ...
Source: Foodmate

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.