Beef trade falls in Argentina due to crisis

Thursday, October 11th 2018 - 16:31 UTC

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Argentina's beef market fell 16.7% in September due to the country's crisis amid “worsening macroeconomic conditions,” according to the Chamber of Industry and Meat Trade (CICCRA). Read full article

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Enrique Massot
“In spite of the fall in the domestic market, beef exports went up in September.”

Tragedy in two acts.

1. The Argentines are eating less beef.

2. But: the Argentines are exporting more.

Conclusion: The Argentines should be cheering, because pretty soon the exporters' benefits are going to begin trickling down to the masses of the unwashed.
Oct 13th, 2018 - 03:02 am - Link - Report abuse 0
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