Beef prices continue to fall in Argentina

The price of cattle in Argentina continues to fall, with fat cattle below the historical average between 2005 and 2021. According to a report by the Federation of Regional Refrigeration Industries of Argentina (Fifra), the calf has had a 31% drop in prices since May. The entity explains that the problem is that internal demand cannot grow and external demand has collapsed, both in volume and in prices. Fifra explains that, in terms of supply, everything depends on heavy and widespread rains, which would determine a lower offer for several months; in the case of exports, ...