The cattle ranch slaughter in Argentina grew again in November due to the drought and the drop in the price of meat

Published 2022년 12월 19일

Tridge summary

Argentina's cattle slaughter has seen a consistent increase for four consecutive months due to severe drought and a decrease in meat prices globally. In November, 1.155 million head of cattle were slaughtered, marking a 0.5% increase from October and a 4.7% increase year-over-year. The slaughter of females also saw a slight increase, but numbers remain stable for herd maintenance. The meat processing industry in Argentina produced 2.85 million tons of beef in the first eleven months of 2022, marking a 4.9% increase from the same period in 2021. However, demand for certain beef cuts has fallen due to decreased demand from China, with prices for some cuts increasing less than the general CPI and others falling. Meanwhile, whole chicken prices saw a significant increase of 96.1% year-over-year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The cattle ranch slaughter increased in November and completed four months of growth due to the strong drought that affects Argentina and the fall in the price of meat on the counters of the main markets of the world, indicated the Chamber of Industry and Commerce of Meats (Ciccra). In the eleventh month of the year, 1.155 million head of cattle were slaughtered, 0.5% more than in October and 4.7% more than a year ago, added Ciccra. The participation of females in the total slaughter increased to 44.2%, when compared to the previous month, but it was located within the interval consistent with the maintenance of the bovine herd. The lower demand for canned cows caused by the contraction of Chinese demand would be redirecting to the American market, which demands low-quality meat for industrial processing. In January-November 2022, a total of 12.3 million bovine animals were slaughtered, 3.5% more than in the first eleven months of last year. The production of beef was equivalent ...

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