Knowledge (XXG)

2006 Argentine restriction of beef exports

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On 26 May the Ministry of Economy partially lifted the ban, allowing for a quota for June–November equivalent to 40% of the exports of the same period in 2005. This followed a period of falling beef prices in the Liniers Market (though not to the general public) and several acts of protest by
84:
In late 2005 and 2006, months of unsuccessful negotiations went on between the national government and the beef producers and traders, which included considerable political and media pressure by the former. Similar negotiations to achieve "price stability agreements" (consensual
134:, and that many meat processing plants would go bankrupt, thus causing the loss of thousands of jobs. Moreover, the SRA denounced the ban as harmful for Argentina's international image, and as a short-term measure that would not solve the background problem (scarcity of 89:) with other sectors of economy had been successful to varying degrees. On 3 February 2006, several meat plant associations announced that they would limit their own exports to 20% less than the amounts recorded in 2005, but this was not done in reality. 103:
The exports ban included meat cuts that are not usually consumed in the local Argentine market, but did not force exporters to cancel previously arranged contracts with foreign buyers or bilateral country-based agreements, and did not include the
149:
On 4 July the restrictions were again softened, by allowing exports for an extra 25% of the amount of 2005. The new quota included expensive beef cuts that have no demand in the internal market (such as
96:
had accumulated a 26% rise only in 2006, until the ban was announced, on top of 29% during 2005. Due to its prevalence in Argentinians' diet, the price of beef has a large influence in the overall
123:
In addition to the ban, the government raised the exports tax from 5 to 15% for certain processed beef products, equalizing them with those applied to other products.
381: 77:, both local and foreign, also contributed to this scenario. In 2005 Argentina exported 40% more beef with respect to the previous year, for about 351: 42: 376: 283: 366: 38:
took the drastic measure of banning all exports of beef for a period of 180 days, in order to stop continuous price rises.
209: 361: 176: 31:), and has the world's highest consumption rate (an average of 68 kg per person per year). On 8 March 2006, 93: 127: 58: 54: 32: 196: 130:(SRA) released a communique, stating that exporters would lose 280,000 tonnes in sales, for 585 million 171: 131: 78: 66: 267: 237: 35: 74: 330: 280: 69:, rose considerably, and part of the beef production was diverted from the local market to 356: 287: 155: 113: 86: 50: 20: 371: 345: 143: 105: 159: 62: 162:. A new loosening (to 70% of the 2005 figures) was announced on 28 September. 151: 135: 97: 28: 16: 46: 332:
El Gobierno flexibiliza las restricciones a las exportaciones de carne
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livestock farming organizations, including the threat of a nationwide
117: 70: 24: 315: 300: 252: 222: 109: 254:
Estiman fuertes pérdidas por la restricción de las exportaciones
120:). The total amount affected was estimated at 600,000 tonnes. 317:
Flexibilizan la veda a las exportaciones de carne vacuna
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Argentine Farmers Challenge Kirchner Beef Export Ban
224:Suspendió el Gobierno las exportaciones de carnes 61:. As a result, internal prices of beef, a major 302:Liberan parcialmente las exportaciones de carne 23:. It is also the third-largest exporter (after 239:Vacas sin pasaporte para que no falte el asado 281:Argentina Partially Lifts Ban On Beef Exports 8: 112:of high-quality frozen cuts destined to the 19:is one of the world's largest producers of 100:rate, which had already become a concern. 45:forced the government to let the national 158:) and others that are only destined for 126:Immediately after the announcement, the 188: 208:Food Production Daily. 13 March 2006. 138:due to lack of economic incentives). 7: 382:History of agriculture in Argentina 268:Argentina holding down beef prices 14: 266:The Mercury News. 6 April 2006. 210:Argentina suspends beef exports 1: 352:Economic history of Argentina 279:Cattle Network. 27 May 2006. 195:Bloomberg.com. 9 March 2006. 92:Reference beef prices at the 41:Exports had soared after the 329:Clarín. 28 September 2006. 398: 377:Foreign trade of Argentina 177:Foreign trade of Argentina 251:La Nación. 9 March 2006. 236:Página/12. 9 March 2006. 221:La Nación. 9 March 2006. 367:Agriculture in Argentina 314:La Nación. 4 July 2006. 299:La Nación. 26 May 2006. 94:Liniers Livestock Market 128:Argentine Rural Society 172:Economy of Argentina 73:abroad. Increasing 286:2007-08-10 at the 362:2006 in Argentina 389: 336: 327: 321: 312: 306: 297: 291: 277: 271: 264: 258: 249: 243: 234: 228: 219: 213: 206: 200: 193: 43:collapse of 2001 397: 396: 392: 391: 390: 388: 387: 386: 342: 341: 340: 339: 328: 324: 313: 309: 298: 294: 288:Wayback Machine 278: 274: 265: 261: 250: 246: 235: 231: 220: 216: 207: 203: 194: 190: 185: 168: 36:Néstor Kirchner 12: 11: 5: 395: 393: 385: 384: 379: 374: 369: 364: 359: 354: 344: 343: 338: 337: 322: 307: 292: 272: 259: 244: 229: 214: 201: 187: 186: 184: 181: 180: 179: 174: 167: 164: 114:European Union 87:price controls 67:Argentine diet 13: 10: 9: 6: 4: 3: 2: 394: 383: 380: 378: 375: 373: 370: 368: 365: 363: 360: 358: 355: 353: 350: 349: 347: 335: 333: 326: 323: 319: 318: 311: 308: 304: 303: 296: 293: 289: 285: 282: 276: 273: 269: 263: 260: 256: 255: 248: 245: 241: 240: 233: 230: 226: 225: 218: 215: 211: 205: 202: 198: 192: 189: 182: 178: 175: 173: 170: 169: 165: 163: 161: 157: 153: 147: 145: 139: 137: 133: 129: 124: 121: 119: 115: 111: 107: 101: 99: 95: 90: 88: 82: 81:1.4 billion. 80: 76: 72: 68: 64: 60: 56: 52: 48: 44: 39: 37: 34: 30: 26: 22: 18: 331: 325: 316: 310: 301: 295: 275: 262: 253: 247: 238: 232: 223: 217: 204: 191: 148: 140: 125: 122: 106:Hilton Quota 102: 91: 83: 40: 15: 160:corned beef 346:Categories 183:References 116:, free of 59:depreciate 136:livestock 98:inflation 71:importers 33:President 29:Australia 17:Argentina 284:Archived 166:See also 108:(28,000 47:currency 118:tariffs 357:Export 144:strike 110:tonnes 75:demand 63:staple 25:Brazil 55:float 49:(the 372:Beef 156:loin 154:and 152:rump 57:and 51:peso 27:and 21:beef 132:USD 65:of 348:: 146:. 79:$ 53:) 334:. 320:. 305:. 290:. 270:. 257:. 242:. 227:. 212:. 199:.

Index

Argentina
beef
Brazil
Australia
President
Néstor Kirchner
collapse of 2001
currency
peso
float
depreciate
staple
Argentine diet
importers
demand
$
price controls
Liniers Livestock Market
inflation
Hilton Quota
tonnes
European Union
tariffs
Argentine Rural Society
USD
livestock
strike
rump
loin
corned beef

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