Argentina has announced a snap 30-day ban on all beef exports and the decision is set have ramifications for the trade globally.
- The Argentinian government is attempting to lower local beef prices with 30-day export ban
- One analyst believes ban will put a lot of pressure on China
- Argentina exported about 750,000 metric tonnes of beef in 2020, the bulk of which went to China
One of the world’s biggest beef exporters, Argentina moved about $US3 billion worth of product in 2020, mostly to…