21 September 2021

Argentina - Beef export ban has helped no one

The restrictions on the export of beef from Argentina, which was due to run out on August 31, has been extended until October 31, writes The Sauer Report. The ban restricts the export of beef to 50% of the volume exported the prior year and was implemented to stop the price rises of beef for the domestic population, but it is reported to have done the opposite.
 

With export restrictions, the slaughter rates reduced, and so prices went up. Many farmers were known to be holding their cattle back from market until after the restrictions were lifted, it remains to be seen if they can hold off from sending cattle in until November. Various shoe and leather goods manufacturers are reporting that the price increases are easing, but the shortage of supply continues. 

This is due to the smaller slaughter, added to the fact that between 80-90% of the hide supply is exported in the cured state. Larger domestic tanneries report that they are now processing between 6,000 and 16,000 hides per day, well down on their capacity volumes. The latest offers of cured hides to Asian tanners are at stand on prices, although with U.S. suppliers accepting less for many selections, it is thought that Argentinian suppliers will have to give some ground to conclude any new business. 

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。   我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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