News

Argentina forced to import beef

19/08/2009

According to reports, Argentina may have to import beef for the first time because many cattle have been killed by drought and because tight export controls have caused some companies to quit the business.

According to Bloomberg, many farmers are leaving cattle to die in the fields because pastures have dried up and the cost of raising cattle is so high. There are also claims that there has been a higher than usual kill of breeding stock, which could compromise future output.

To continue reading this story, please sign in or register.