Argentina sees sharpest drop in beef consumption for 30 years!

[Vero]

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.

View attachment 6545

Wow are steaks really $50 at the supermarket in other countries? That is crazy.

 

[Avocado]

It's not just the lowest in 30 years anymore. It's the lowest in 110 years!!

Milei’s shock therapy sends demand for beef to 110-year low

Beef demand is forecast to drop below 45 kilos (99 pounds) a person this year, the lowest in data going back to 1914.

batimes.com.ar

Beef consumption in Argentina falls to lowest in a century

Per capita consumption in 2024 forecast at around 44.8 kilos per capita, the lowest figure in more than a century.

batimes.com.ar

 

[fetch rover]

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.

View attachment 6545

A steak like that here in the States would be at least $40 or more. It is sad for locals that they have to cut back so much on beef.

 

[Larry]

Another article predicting 2024 will be the worst year for steak consumption in Argentina. 🙁

https://theconversation.com/steak-is-off-the-menu-for-argentinians-as-the-countrys-austerity-policies-bite-234875

 

[Vince]

I just saw this today. I always thought Argentina exported more beef. Hard to believe the USA exports double the amount of beef than Argentina does.

 

[Uncle Wong]

I always assumed Argentina exported the most beef in the world. Didn't realize they were only #5.

 

[fredy]

It's worrying that 80% of Argentinians are cutting back on asados due to economic difficulties. This highlights how the gap between incomes and prices is impacting even the most traditional customs. It's a clear sign of the financial strain many families are under and how budget cuts are affecting something as fundamental as traditions and everyday life.

Ocho de cada 10 argentinos redujeron o eliminaron los asados

Los datos surgen de un relevamiento privado de humor social. El uso de taxis o uber es el consumo que los argentinos recortan primero, aunque no el único

www.infobae.com

 

[Digital Nomad]

At least the price of beef has gone down.

En lo que va del año, el precio de la carne bajó 16% en términos reales: qué puede pasar en los próximos meses

Aumentó menos que la inflación y según un estudio, pasó de aportar 2,2 puntos a la tasa mensual en diciembre 2023 a solo 0,11 puntos en julio 2024. Fue en gran medida por la fuerte caída del consumo y la pérdida del poder adquisitivo. Factores que llevarían a un repunte de los valores en lo que...

www.infobae.com

 

[daveholman]

I live in Eastern New Mexico, on the Texas border. In my county, cows outnumber humans about 5 to 1. In Texas, it's even greater. The thing is, most US beef is grain fed on feed lots, so we get a lot of beef from each cow, though the quality isn't great.
I get good grass fed and finished beef here locally, but the price is pretty steep. Way more than Argentina.

 

[Wally]

I live in Eastern New Mexico, on the Texas border. In my county, cows outnumber humans about 5 to 1. In Texas, it's even greater. The thing is, most US beef is grain fed on feed lots, so we get a lot of beef from each cow, though the quality isn't great.
I get good grass fed and finished beef here locally, but the price is pretty steep. Way more than Argentina.

Yeah good grass fed steaks in the US are expensive. Here in Argentina there used to be more grass fed but they are moving more and more to the grain fed which is terrible compared to grass fed.