Argentine beef eaters turn to cheaper meats and veggie diets as incomes plunge and beef prices soar

An Argentine university has elaborated a study on barbecue meat, one of the most common and popular beef cuts in the country, during a seven year period to include consumption habit changes and most importantly the increase in price of the product. In effect, the Argentine Enterprise University, UADE, points out that in January 2017, an average salary in Argentina could purchase the equivalent of 189 kilos of barbecue meat, while six years later, September 2023, 132 kilos, that is 57 kilos less. However UADE-s report also points out to some drawbacks, “given the inflationary price of meat and some periods of stabilized prices because of an imposed freeze, the evolution relation can improve some months, but the overall tendency is for the salary/barbecue ratio to continue decreasing”. Argentina continues among the leading countries when it comes to global beef consumption with some 51 kilos per capita, “but in recent years the tendency has reverted. To start with compared to three ...