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Argentina's Beef Export Surge to US Triggers Domestic Price Crisis

Bloomberg Markets •
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Milei’s government courted US investors with trade trips, showcasing Pampas farm-fed beef to boost Argentina’s global image. Meanwhile, World Cup asados highlighted premium cuts, though the shift to lower-quality exports undermines culinary prestige. With US cattle herds at a 75-year low, Argentina’s beef remains critical to Trump’s strategy to curb domestic prices.

However, working-class voters may balk at the disparity: US$8.25/kg for exports versus local prices that leave families opting for cheaper pork or chicken. The deal’s success hinges on balancing export gains with domestic affordability.