Business
Argentina bans beef exports for 30 days in effort to reduce domestic prices – ABC News
Argentina is one of the world’s biggest beef exporters, but with an election looming and domestic prices on the rise, it’s shutting down trade for 30 days in a…
Argentina has announced a snap 30-day ban on all beef exports and the decision is set have ramifications for the trade globally.
Key points:
- The Argentinian government is attempting to lower local beef prices with 30-day export ban
- One analyst believes ban will put a lot of pressure on China
- Argentina exported about 750,000 metric tonnes of beef in 2020, the bulk of which went to China
One of the world’s biggest beef exporters, Argentina moved about $US3 billion worth of product in 2020, mostly to…
-
Noosa News24 hours ago‘Just want to know he’s safe’: Family’s German Shepherd asleep in back of stolen ute
-
Noosa News24 hours agoDriver acquitted of murder over lengthy road-rage chase
-
General22 hours agoMitchell Starc fires Ashes warning in Sheffield Shield return as Jake Weatherald and Beau Webster fail to fire
-
General23 hours agoNampijinpa Price pulls out of Put Australia First rally appearance with far-right activist Tommy Robinson