Argentina: Livestock and Products Annual
Argentine beef exports for 2016 are forecast up at 280,000 tons carcass weight equivalent (cwe), the highest level of the past 7 years. Most exporters expect that a new administration taking office in December 2015 will introduce policy changes that will improve the sector’s export competitiveness. Traders also expect that Argentine exports of fresh beef to the United States will begin in early 2016. Beef production in 2016 is projected down at 2.68 million metric tons cwe because of a drop in the number of slaughtered cattle. More cattle are expected to be finished with grains, taking advantage of lower world grain feed prices and the opportunity to add value to corn production.