March 17, 2004

 

 

Argentina Beef Exports Total $125 Million In January-February
 
Argentina exported $125 million worth of beef in the first two months of 2004, the country's animal- and food- inspection agency, Senasa, reported Tuesday.
 
Argentina, the world's No. 7 beef exporter, shipped 59,059 metric tons of beef - including fresh beef, chilled boneless cuts, frozen boneless cuts, processed cooked beef and related bovine innards - to more than 60 countries.
 
In terms of volume, this is 23% more than that was exported during the same period in 2003, according to Senasa. As measured in dollars, this is a 43% increase over similar sales from a year ago.
 
In the January-February period, Argentina shipped 4,746 tons of beef - worth $30.6 million - to the European Union under the Hilton Import quota program.
 
Non-Hilton-related chilled and frozen fresh beef shipments totaled 29,457 tons, or $59.6 million.
 
As usual, Germany was the biggest buyer of Hilton cuts, accounting for 3,175 tons. It was followed by Great Britain with 663 tons, Holland with 475 tons and Italy with 264 tons.
 
Israel was the biggest buyer of fresh beef, accounting for 7,470 tons - worth $13.6 million - during the first two months of 2004.
 
Meanwhile, Argentina sold 8,576 tons of processed beef for a total value amount of $21.6 million.
 
The main buyer of processed beef was the U.S., accounting for 4,065 tons.
 
The U.S. has kept a ban on fresh Argentine beef since early 2001, when Argentina admitted to a widespread outbreak of foot-and-mouth disease.
 
Argentina exported 332,011 tons of beef in 2000, the last normal export year before the country admitted to problems with foot-and-mouth disease.