Argentina has now only partially lifted the ban on beef exports imposed a month ago. According to a decree that appeared today in the official gazette and thus came into force, Argentina will not ship beef carcass halves, hindquarters, roasts, shoulders, loins and sausages abroad until the end of this year. Exports of the remaining beef cuts will be limited, to 50 percent of the average monthly volume of total beef exported from July to December 2020.
According to the decree, the export limit will initially apply until the end of August. It will then be possible to extend it until Dec. 31. The quantity limit is not to apply to exports under tariff quotas such as the EU's so-called Hilton quota. The decree also states that export quotas will be allocated to individual meat exporters based on their market share in the previous year. A "meat sector coordination body" will be established to monitor the new requirements.
Finally, according to the decree, the government intends to develop a program to stimulate beef production in the short term. The aim is to secure the domestic food supply. With production recently stagnating, beef exports have nearly exploded in recent months, he said. This has led to a shortage of supply on the domestic market and rapidly rising prices. This is particularly problematic, he said, because meat products are "indispensable" for human nutrition.