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Argentinean Exports Halve In 2010

28 October 2010
Meat & Livestock Australia

ARGENTINA - Argentinean beef exports during the first nine months of 2010 were back 52 per cent year-on-year, to 133,973 tonnes swt, despite an 18 per cent month-on-month rise in exports during September.

According to Meat and Livestock Australia, the sharp decline in beef shipments for 2010 comes as the combined result of reduced production, soaring cattle prices and the restriction of export certificates by the local government.

High cattle prices and a fall in the local herd have encouraged farmers to retain cattle in 2010, a turnaround from last year’s liquidation and resulting high production levels.

Although Russia continues to be Argentina’s main export beef market, accounting for 23 per cent of total exports during 2010, its share as a percentage of total exports is down from 36 per cent during the same period in 2009. Exporters are concentrating on other destinations, such as Israel (15 per cent of the total in 2010), Germany (14 per cent) and Chile (10 per cent).

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