Global beef supply impacted by Argentinian export ban
Savannah Peterson, Wyoming Livestock Roundup
June 4th, 2021
Argentina recently placed a ban on beef exports in response to severe inflation in the country. This action encouraged change within the global beef supply chain.
Argentina’s domestic challenges
On May 31, Argentina temporarily shut down 12 beef exporters because of alleged illegal and irregular activity. This, in turn, seized over 220 tons of meat. The 30-day shutdown is the second shutdown the country has faced.
Originally, officials closed six companies in attempt to increase domestic supply. However, this did not decrease inflation like the government had hoped. After shutting down another six firms, the country is investigating five more beef exporters for similar charges – a total of 17 beef exporting companies...
Effects on China ...
Impact on U.S. beef ...