Argentina's exports of fresh and frozen beef in August saw a significant increase of 23.1% compared to July and 4.3% year-on-year, totaling 69,784 tons. This surge is attributed to the highest cattle slaughter month since July 2023, with 1.25 million heads. Factors such as reduced domestic demand and the removal of export barriers, including a decrease in the beef export tax from 9% to 6.75% starting July 2023, have contributed to a favorable export balance. The August 2024 beef exports were valued at US$265.0 million, showing a 15.9% increase from July and a 2.7% increase from the same period in the previous year.