Argentina beef market recovers

Marts: Argentine beef exports have recovered to pre-FMD levels with an overall three-and-a-half fold increase for 2002 over the previous year.

Exports to the EU in 2002 of chilled and frozen beef were up almost eight-fold on the previous year at a total of 72,000 tonnes compared to 9,000 in 2001 according to the latest trade statistics available from Argentina.

Bord Bia says the devaluation of the Argentinian peso at the beginning of 2002 boosted exports giving beef from Argentina the competitive edge on global markets.