Argentina sees sharpest drop in beef consumption for 30 years!

[Spend Thrift]

Argentina sees sharpest drop in beef consumption for 30 years​

Wow this is pure proof that the inflation is hitting Argentines where it hurts the most. Their beef consumption!

My maid and doorman tell me all the time lately they can't even eat beef anymore. I thought they were just hitting me up for some money - which it turns out is true. But they also are eating less beef according to this data.

Argentina sees sharpest drop in beef consumption for 30 years

The decline in purchasing power in Argentina has led to the steepest drop in the country's beef consumption in 30 years.

www.just-food.com

 

[Flamingo]

It is not just Argentines. My family has also cut back on beef and other products as well. The cost of everything has shot up and we have a fixed budget to live with so we also are cutting back.

 

[Finance Prof]

I seriously doubt any expats are cutting back too much on beef. But many local friends tell me they have cut back.

 

[jem]

Yes, that's what's happening now. I know because I also have local friends who tell me how difficult it is to access meat nowadays, so they just opt to buy chicken or pork.

Beef consumption fell to historic low in first quarter

Beef sales hit a historic low in the first quarter of 2024 amid a heavy drop in consumption, falling to their lowest level in three decades.

www.batimes.com.ar

 

[Uncle Wong]

Saw this online. It sounds like Argerntines still eat a LOT of beef! So I'm not crying for them.

Beef Consumption by Country 2024

worldpopulationreview.com

 

[Sunny]

Saw this online. It sounds like Argerntines still eat a LOT of beef! So I'm not crying for them.

Beef Consumption by Country 2024

worldpopulationreview.com

Those who have lived in Argentina for the past couple of decades will know that this is not the first time Argentines go through this. If I recall correctly, there was a time when chicken prices went through the roof, as well. They think of weekly asados as their god-given right.

 

[Larry]

Those who have lived in Argentina for the past couple of decades will know that this is not the first time Argentines go through this. If I recall correctly, there was a time when chicken prices went through the roof, as well. They think of weekly asados as their god-given right.

That is true. They do not realize that steaks and beef are a luxury item for many people in different countries. Alas they are still accustomed to cheap steak and they are eating less of it now. If this keeps up President Milei will have a problem on his hands. Some very pro-Milei reporters are turning on him or at least posting the issues that he will have.

https://www.wsj.com/articles/javier-mileis-achilles-heel-economy-policy-dollarization-479fd74d

When will you Milei supporters admit that he is not going to succeed? What will it take for you?

 

[Avocado]

That is true. They do not realize that steaks and beef are a luxury item for many people in different countries. Alas they are still accustomed to cheap steak and they are eating less of it now. If this keeps up President Milei will have a problem on his hands. Some very pro-Milei reporters are turning on him or at least posting the issues that he will have.

https://www.wsj.com/articles/javier-mileis-achilles-heel-economy-policy-dollarization-479fd74d

When will you Milei supporters admit that he is not going to succeed? What will it take for you?

I say same thing to my friends that vote for Milei. When you all admit experiment failed with him?

 

[Melibaires]

It is true that meat consumption has decreased in recent months due to its high price, but the ability of Argentinians to adapt and overcome every crisis is what sets them apart.

Consumo de carne vacuna se derrumbó 18% en el primer trimestre y tocó mínimos de tres décadas

En enero-marzo de 2024 la industria frigorífica vacuna produjo 745 mil tn r/c/h de carne vacuna, es decir 7,6% menos que en el primer trimestre de 2023. ¿Cuánto subieron los precios?

www.ambito.com

 

[Wally]

Let's hope Argentina NEVER goes the way the USA is heading with lab grown cultivated beef.

Campaign in several US states to ban sale of lab-grown cultivated meat

Several US states, spear headed by Florida are on a campaign to ban the sale and distribution of lab-grown or cultivated meat. The process of making cultivated meat involves extracting cells from an animal, which are then fed with nutrients such as proteins, sugars and fats, and they were first...

en.mercopress.com

 

[little cloud]

This has been happening for a few months now, and it's a historic downturn. Argentinians now have no choice but to adjust their diet; some are opting for chicken, others for pork. Sunday family barbecues "Asados", once a religion, are now evolving.

Beef consumption fell to historic low in first quarter

Beef sales hit a historic low in the first quarter of 2024 amid a heavy drop in consumption, falling to their lowest level in three decades.

www.batimes.com.ar

 

[salsa verde]

Let's hope Argentina NEVER goes the way the USA is heading with lab grown cultivated beef.

Campaign in several US states to ban sale of lab-grown cultivated meat

Several US states, spear headed by Florida are on a campaign to ban the sale and distribution of lab-grown or cultivated meat. The process of making cultivated meat involves extracting cells from an animal, which are then fed with nutrients such as proteins, sugars and fats, and they were first...

en.mercopress.com

This is just gross!

 

[anton]

Interesting article about how much it costs nowadays to have an asado.

Asado para cuatro personas (premium)

¿Cuánto cuesta hacer un asado?

Infobae relevó precios de tres diferentes canastas para hacer la comida más tradicional para los argentinos en un contexto en el que el consumo de carne se encuentra en su nivel más bajo en tres décadas

www.infobae.com

 

[Soytoy]

Interesting article about how much it costs nowadays to have an asado.

Asado para cuatro personas (premium)
View attachment 5861

¿Cuánto cuesta hacer un asado?

Infobae relevó precios de tres diferentes canastas para hacer la comida más tradicional para los argentinos en un contexto en el que el consumo de carne se encuentra en su nivel más bajo en tres décadas

www.infobae.com

What amazes me is seeing places like McDonalds full of families that would rather give their kids yucky food vs. as Asado and it's even more expensive than having an asado!

 

[Larry]

It is a crime that people can't afford to buy not only beef but even chicken and pork now.

 

[little cloud]

What amazes me is seeing places like McDonalds full of families that would rather give their kids yucky food vs. as Asado and it's even more expensive than having an asado!

Even many foreigners claim that McDonald's is more expensive in South American countries.

 

[Vero]

Even many foreigners claim that McDonald's is more expensive in South American countries.

Uruguay is a very expensive country. I have never had fast food there and never will.

 

[Faith]

Beef prices in restaurants seem to be going back down after prices going up for many months. And the jump up to 1,300 pesos to $1 USD really helps. Hope this trend continues!

https://twitter.com/x/status/1793691169945203041

 

[Betsy Ross]

Beef prices in restaurants seem to be going back down after prices going up for many months. And the jump up to 1,300 pesos to $1 USD really helps. Hope this trend continues!

https://twitter.com/x/status/1793691169945203041

The blue dollar exchange rate definitely helps but I've noticed restaurants stopped increasing prices a few weeks ago and some have actually reduced prices to increase people dining out. Many places were and still are much slower than before. Also, feels like less tourists as well.

 

[Jordan]

I am making up for locals not eating as much beef. With the sudden rise of the blue dollar steaks 4X a week. Got this $7 USD steak at Coto. This in many countries would be a $50 steak.