An ag economist says last week’s announcement that Argentina would suspend most beef exports in an effort to bolster domestic supplies is misguided.
US Meat Export Federation’s Erin Borror says instead of helping, it will likely have a negative impact on beef producers and consumers. “Before big export restrictions in 2006, exports were accounting for 20% of Argentina’s beef production,” she says. “Consumption of beef (in Argentina) was still strong, it was around 47 to 48 kilos per person.
