The Argentine Agrarian Federation (FAA) has released a report which shows that the country’s cattle herd has fallen dramatically.

"For the year 2009-10, the cattle herd decline is seven million head more than in the previous year. This is alarming," said FAA vice president, Pablo Orsolini. The report shows the cattle herd for 2008-09 totalled 55 million compared with 48 million in 2009-10.

"With these figures, the national cattle herd moves to the lowest level for the last 45 years, it’s a disastrous situation,” said Mr Orsolini.

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