Cheaper Meat?: Government Will Halt Cattle Exports to Lower Prices
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TL;DR
- Government suspends exports of live cattle under two years old.
- Restrictions placed on the sale of breeding females.
- Measures aim to lower domestic meat prices and protect productive capacity.
- Goal is to ensure local supply amidst inflationary pressures.
- Exports of live animals represented $14,230,000 in January.
- Decision awaits final approval from the Ministry of Foreign Trade.
- FEDEGÁN president cites exchange rates as a factor in export competitiveness.