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Argentine beef prices increase by 25% in November

 Last Update: 2021-12-24
 Source: Internet
 Author: User

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According to a report on the website of Argentina’s “Clarion” on November 18, Argentine beef rose by 20% this week , with a cumulative increase of 25% in November
.
According to data from the Argentine Beef Promotion Association, beef prices in October 2021 increased by as much as 70% year-on-year
.
Experts predict that beef prices may continue to rise before the holiday at the end of the year
.
According to the analysis of the report, the sharp increase in beef prices indicates the failure of the government's price control policy for agricultural and food products
.
Beef is Argentina's most basic food, source of employment, and foreign exchange earning products.
However, the current government does not have a clear and feasible industrial development plan and stimulus policy, resulting in weak industrial development and unable to achieve expected goals
.

Beef price

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