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