Beef exports from Argentina between January and September 2024 totaled US$ 2.122 billion, thus reaching its highest performance in the last 57 years, according to a report from the Economy Ministry's Agriculture, Livestock, and Fisheries Secretariat released Wednesday in Buenos Aires. Sales abroad amounted to 699,987 tons, it was also explained.
Argentina’s economic relationship with China has become increasingly important, with growing trade highlighted by increasing Argentine beef exports, points out the English language China Daily. Something which to a certain point is surprising, given the electoral campaign speeches of president Javier Milei, condemning all authoritarian regimes.
Argentina is forecasted to increase 5,1% beef and calf production this year, reaching some 3,3 million tons with a domestic consumption of 2.43 million tons, according to the latest report from the United States Department of Agriculture (USDA). This follows on a record beef exports 2023, 682.000 tons, despite government measures and export levies aimed at curbing prices in the home market in an election year.
The Argentine Government of President Javier Milei has authorized the export of seven popular cuts of beef which had been banned from sales abroad under Alberto Fernández, it was reported in Buenos Aires.
The first shipment of Argentine beef took off from Ezeiza Airport Tuesday on an AeroMexico flight after more than 10 years of negotiations, the South American country's National Service for Agrifood Health and Quality (Senasa) reported. Both countries had agreed on December 2 on the sanitary certificate requirements.
Argentina will resume meat exports to China as of this coming Monday, it was announced Tuesday in Buenos Aires.
Argentina's government Thursday created a registry of beef exporters among other measures to curb under-invoicing, which authorities fear has been going on for a while now.
Two beef producers from Brazil and one from Argentina have had their exports to China suspended for one week after packaging of their products tested positive for traces of COVID-19, customs said. China's General Administration of Customs (GAC) made the announcement.
The first-ever shipment of Argentine beef to Japan was sent on Wednesday, a significant achievement for both countries made possible through an effective and coordinated effort between health authorities, Agro-Industry Ministries, Foreign Ministries, and the respective embassies.
The Argentine government has decided to restrict beef exports for a 15-day period seeking to stem the rise of prices in the domestic market. The decision was confirmed by Cabinet Chief Jorge Capitanich and sparked criticism by business leaders in the sector with some voices saying the strategy will have “no positive effects.”