Israel's ambassador to Buenos Aires, Galit Ronen, warned on Monday that her country will stop buying meat from Argentina and look for other suppliers if the export ban persists.
The Rafaela Alimentos meat processing plant in Casilda in the province of Santa Fe Tuesday closed down temporarily in response to the ban on exports decreed by the Argentine Government of President Alberto Fernández. The company employs 650 workers.
Argentine meat processing plants will invest US$ 187 million in a bid to increase exports from the country by 33% over three years to 1.2 million tons per year, the head of a local trade group said on Monday during a conference with government officials.
Argentina's meat industry is becoming highly complicated because of the drop in exports to its main market, China, warned Daniel Urcía, vice-president of the Argentine regional abattoirs industry, FIFRA.