Argentina: Livestock and Products Semi-annual
Argentine beef production for 2015 and 2014 is lowered from USDA’s official number to 2.7 million tons carcass weight equivalent as a result of a drop in slaughter numbers, due to market dynamics and somewhat smaller calf crops than earlier expected. Domestic consumption in 2015 is expected to be negatively affected as Post maintains export forecasts at 200,000 tons. While Argentina’s traditional markets tend to weaken their demand, China is expected to continue to increase its purchases.
