Argentinian Quality Beef Exports Slump
ARGENTINA - The beef industry is concerned that their 28,000 tonnes 'Hilton' High Quality Beef quota will not be filled in 2009-10, as a result of government delays in distributing the allocations among exporters.
26 February 2010
1 minute read
During the period from July 2009 to January 2010, only 5,647 tonnes swt, or 20 per cent, of the total quota was filled, according to analysts at Meat and Livestock Australia.
During the period July to October 2009, there no Hilton beef was exported from Argentina to the EU.
The government has been assigning the quota to the industry through small batches of 2,800 tonnes – 10 per cent of the quota – throughout this financial year. The main concern comes from the fact that 60 per cent of the quota has not been distributed, and there is little more than three months left to ship product, considering that containers must leave Argentina in early June.
In addition, the Argentinian government’s restrictions on the issuing of export certificates for all exports (including non-Hilton, in an attempt to increase domestic beef supply) has contributed to a 30 to 40 per cent fall in processor activity.
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