Where’s the Beef? Not in Argentina as JBS Weighs Exit
This article is for subscribers only.
Argentines have lost their title as the world’s biggest beef eaters after the worst drought in 70 years and government export limits led ranchers to reduce the number of cattle on the Pampas.
Consumption is slumping to 57.3 kilos (126 pounds) a year, the lowest since 1958 and below neighboring Uruguay, where each person consumes as much as 60 kilos annually, according to beef industry associations in the two countries.