Argentina: Alarm in beef exports due to the persistent downward trend in international prices

The deterioration suffered by international bovine meat prices at the end of this year puts the country's exporting refrigerators on alert. Last November, the average export price of refrigerated and frozen beef registered a monthly decrease of 16.9%. This was reflected in the latest report from the Consortium of Argentine Meat Exporters, better known as the ABC Consortium and which brings together the large exporting refrigerators. Drought: in December shipments of wheat reflect a drop of 66% and the rate of entry of trucks to the ports is limited These are data from the Rosario Stock Exchange. Between what has already been shipped and what is scheduled to be shipped, 540,000 tons of wheat would be dispatched this month. This type of issue keeps the export sector on alert, since as indicated by the aforementioned entity in a statement, "the downward trend in meat prices persists in the main destinations for Argentine meat from last May onwards ". In addition, the survey ...