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[Sorry for the late reply.] > Where is the excess Argentinian beef scheduled for the USA going to find a market? The offer is elastic too. A previous governme
by gus_massa 2y ago
[Sorry for the late reply.]
> Where is the excess Argentinian beef scheduled for the USA going to find a market?
The offer is elastic too. A previous government added too many task and restrictions to the export of beef, so the producers sold the young cows instead of letting them grow to get more mothers. After 2 or 3 years the numbers of reproducing cows was so low that we almost had to import beef from Uruguay. IIRC the land was converted to soy farms, because exporting soy had a lot of taxes but not as many as beef.