Argentina: Livestock and Products Annual
Argentine beef exports are projected to increase in 2017 to 240,000 tons carcass weight equivalent. This is a marginal increase and still very low compared to Argentina’s historic export performance. Despite recent measures that the new government implemented at a national level and sector specific, which improved the cattle/beef sector, a relatively flat beef supply, a strong local currency, and high cattle prices are expected to keep exports at low levels. Local beef production is forecast to remain at a similar level to the past two years, with roughly a similar cattle slaughter volume. The domestic demand is projected to continue to drive the market, demanding more than 90 percent of the country’s total beef output.