Uruguay and Paraguay meat exports hit record levels as Argentina blocks foreign sales

In the first 7 months this year Paraguay's exports reached 211,650 tons and a value of US$988 million, while Uruguay recorded the best July in the past 20 years.

RIO DE JANEIRO, BRAZIL - The latest data show that the decision taken by the Argentine President Alberto Fernández government to restrict beef exports, is failing to produce a positive effect on the sector and the country.

There is a sharp drop in prices received by producers, less activity in the exporting meat processing industry and consequently a drop in workers' income, a drop in dollar revenues from exports and a steadily rising price of beef.

Moreover, competing countries are replacing Argentina's position in the foreign market. Such is the case of Paraguay and Uruguay.

According to data released . . .

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