Argentina also worried about cow slaughter
09/07/2013
Reports say livestock prices in Argentina have been practically frozen since 2011, but that since then, livestock farmers have experienced an increase in costs of around 30%.
Industry specialist Néstor Roulet has pointed out that this has led to a high number of cows going to slaughter and has warned that the resultant decline in calves in 2015 will mean lower availability of meat in Argentina. He has said experts become convinced that a cycle of decline in the cattle herd size is under way when the number of cows in the slaughter mix goes above 43%.
He said that this last happened in Argentina in 2007, which had the following effect. In January 2009, live cattle changed hands at $3.30 per kilo. By February 2010, the price had reached $6 per kilo.
Between January and March 2013, the number of cows in the mix reached 42%. But from May onwards, according to Mr Roulet’s calculations, the figure went above 43%.
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