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2d ago

Argentina Beef Prices Surge in November as Consumption Ticks Up, CICCRA Reports

With exports down, cheaper chicken helped the domestic market absorb more beef.

Los precios de la carne subieron con fuerza en noviembre, pero el consumo interno continúa firme en Argentina.
Los precios de la carne vacuna registraron una fuerte aceleración durante noviembre, pero, lejos de retraerse, el consumo mostró una recuperación.
El descuento en carnicerías estará disponible el sábado 11 de octubre.
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Overview

  • Per-capita beef consumption reached 48.3 kg on a Jan–Nov annualized basis, up 3.4% year on year, according to CICCRA.
  • Beef prices accelerated 6.6% in November and were 53.2% higher than a year earlier, with the asado cut jumping 13% month on month to ARS 13,304.75 per kilo.
  • Total beef production for January–November was 2.881 million tonnes r/c/h, roughly flat versus 2024, while November output fell 6.3% from October and 6.7% year on year.
  • Exports totaled 779,600 tonnes r/c/h in the first eleven months, down about 10% from a year earlier, reflecting weaker Chinese demand and a 71.6% monthly drop in shipments to Israel.
  • Whole-chicken prices fell 1.0% in November and 6.8% over four months, easing household protein costs and supporting overall demand.