Argentina: While the opening of the cow canned for China is delayed, the slaughterhouses accumulate stock and the farmers see their income fall

Published 2021년 10월 5일

Tridge summary

A decree expected to expedite beef exports to China, particularly using stock not consumed locally, has not yet been published in the Official Gazette despite an agreement between the new Agriculture Minister, Julián Domínguez, and the Liaison Table leaders for its implementation on October 4. The delay is attributed to the need for considering export performance and the conditions of meat processing plants. The accumulation of about 50 thousand tons of meat in refrigerators has led to increased maintenance costs, resulting in higher export prices for some meats and lower prices for livestock for producers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the beginning of this week, the publication in the Official Gazette of a decree or resolution was expected to make the trap more flexible for beef exports to China. Or that is, the old beef that is not consumed in the local market. For now there are no news despite the fact that the act signed by the new Minister of Agriculture, Julián Domínguez, with the four leaders of the Liaison Table established that the opening of this type of exports would take place on Monday, October 4. What is presumed in the private sector in the face of this delay is that the implementation of the measure does not seem so simple, because for the opening of a special quota for canned cows, different parameters such as past performance must be taken into account ( export history), which was claimed by businessmen but also by some governors. In addition, there are plants that are in a more complicated situation than others, as their main business was the sale of meat to China. This forced them to ...

Source: Bichos de campo