Saturday, June 6, 2020

American meat chaos lets Argentina back in the beef game - Lab Netz

 American meat chaos lets Argentina back in the beef game - Lab Netz

America's meat-processing woes opened a window for importers and Argentina pounced.

Beef shipments to the US from the proud South American ranching nation jumped to 1,290 tonnes in April, the latest US Department of Agriculture data show. A year ago, US importers bought a measly two tonnes.

April is the same month that outbreaks of Covid-19 among US meatpacking workers triggered a wave of shutdowns that tightened local supply and sent prices rocketing.

To be sure, Argentine beef exports had already begun to pick up under President Mauricio Macri, who left office in December. Mr Macri negotiated access to the US market, which reopened to Argentina in late 2018, ending a ban that began in 2001 after an outbreak of foot-and-mouth disease.

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