During October 2022, beef exports from Argentina fell for the third month running, dropping 3% in volume month-on-month, with sales revenue down 10.4%, according to Argentina’s Chamber of Meat Industry and Commerce (CICCRA).
Argentina’s food quality and safety body have suspended exports to China from eight meatpacking plants after cases of the novel coronavirus were detected among employees.
Argentine President Alberto Fernández signed a decree whereby export taxes on soy, wheat, corn and beef go up. The decree became available Saturday as it appeared in the Official Gazette and is effective immediately.
Argentina, which a century ago became a world power on the back of its beef exports, is poised to re-enter the top 10 shippers, helped by the end of trade curbs, and a herd rebuilding from near-50-year lows.
Canada finally made official the opening of its market to Argentine boneless beef, both fresh and frozen. This happens after thirteen years of negotiations, according to an end of the year release from the Argentine ministries of foreign affairs and agriculture and livestock, and the Argentine animal sanitary office. The decision became effective last 17 December.
Argentina's revival as a major force in beef has been slowed by a dent to calving rates from poor weather, besides by a reluctance by producers to maximize animal weights, in the face of export restrictions.