date:Mar 13, 2014
The major beef producing region in Argentina (the Pampa area) has received heavy rain over the past two months, causing serious disruptions to livestock transport and therefore supply, reports MLA.
This has led to a sharp increase in cattle prices, with steers (431- 460 kg) averaging 191US/ kg lwt in February (IPCVA), consequently increasing domestic beef prices.
The current situation has seen the Argentinean government intervene once again, limiting export permits (ROE - registro de operacion