According to a 2024 USDA report on Argentina livestock: “China is expected to continue to be the top export destination (measured in volume), but beef exports to the United States are forecast to remain strong given the import demand and Argentina’s current competitive prices.” China buys the most beef from Argentina (almost 70% of the export total); the other top buyers are from the European Union, Israel, and the United States. Argentine President Javier Milei announced recently that ranchers in his country are now be able to export live cattle for slaughter to foreign countries, a reversal of a 52-year-old prohibition.
February 27, 2025
SOURCE: INTELLINEWS
China To Buy 70% of Argentina’s Beef Exports, Including Live Cattle, as U.S. Inventory Shrinks Again