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Railway building within Argentina and the invention of refrigerated trains and ships in the late 19th century made an export market and Argentina's beef export industry started to thrive. [4] From 1864 to 1888, the number of cattle in Argentina increased from just over 10 million to nearly 23 million. [4]
In 2005 Argentina exported 40% more beef with respect to the previous year, for about $1.4 billion. [ 5 ] In late 2005 and 2006, months of unsuccessful negotiations went on between the national government and the beef producers and traders, which included considerable political and media pressure by the former.
In the mid-2000s, export of unprocessed soybeans, soybean oil, and meal generated more than 20% of Argentina's export revenue, triple the joint share of the traditional exports of beef and wheat. [142] Export taxes comprised 8% to 11% of the Kirchner government's total tax receipts, around two-thirds from soy exports. [146]
Fresh Argentine beef was exported to the U.S. market in 1997 for the first time in over 60 years, and in 1999 its export quota of 20,000 tons was filled. Beef exports to the U.S. were suspended in August 2000 when Argentine cattle near the border with Paraguay (whose authorities refuse to vaccinate cattle against highly contagious hoof and ...
Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian President Javier Milei's bid to boost grains ...
American companies moved into the Argentinean trade in 1907 and by 1918 they had 68.1% of the export market. [5] By the 1920s, Argentine exports reached US$1 billion annually, of which 99% was agricultural. Maize and wheat had, by then, largely overshadowed beef production and exports. [1]
Of the approximately 450 slaughter plants that operate in Argentina, only one third possess the required international certifications to be eligible to export [23] and the industry is periodically subject to export bans aimed at reducing domestic beef prices. [24] Yet Argentina remains the world's fifth largest beef exporter.
As local consumption has slid, exports have risen, but weaker global prices have dampened the boost for farmers. By far the top buyer of Argentine beef is China, though it imports cheaper cuts not ...