Due to the meat trap, Argentina missed out on exporting US$900 million and inflation worsened
Frozen Bone-In Beef
Argentina
Published Jun 30, 2022
Tridge summary
In May 2022, beef exports totaled 56 thousand tons of product weight, equivalent to 80 thousand tons of beef weight, 18% more than the previous month and 10% less than a year ago. In this way, in the first five months of 2022, 344 thousand tons of beef were accumulated, 7% less than in the same period of 2021, which invoiced 1,420 million dollars, a figure 30% higher than the value registered between January and May of the year. past.
Original content
“The growth observed in the month of May was concentrated in the category of frozen meats, especially deboned meats, while chilled meats remained stable. The recovery of shipments to China, after a period of significant distortions to access the market due to the measures ordered by the Chinese authorities to attack the wave of COVID cases, would explain the verified increase,” said Mario Ravettino, president of the Consortium of Argentine Meat Exporters (ABC). The rise in prices and a greater share of chilled meats and tariff quotas within the total, which have higher average values, have resulted in an increase in the average amount invoiced since June 2021, compared to the average of the first months of 2021. A trend opposite to the evolution of exported tonnages, which were affected by the restrictions implemented. In April of last year, the national authorities implemented the first of a series of measures that determined a growing regulation of bovine meat exports. The ...
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