Wholesale beef prices: wintering up 14%, consumption down 3%

Wholesale beef prices in Jesús María and Cañuelas markets showed a mixed picture. Wintering cattle prices rose 14%, while those for consumption fell 3%. This indicates gains in calves and drops in slaughter-ready categories.

Livestock markets in Jesús María and Cañuelas recorded disparities in wholesale beef prices. The report indicates that wintering cattle prices jumped 14%, contrasting with a 3% drop in meat destined for direct consumption. This situation solidified with improvements in calf prices, while slaughter-ready categories experienced declines. The analysis stems from the Buenos Aires agrolivestock market and underscores volatility in the livestock sector. Keywords include ganadería, vaca, and precio de la carne. The publication is dated March 17, 2026.

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Argentine and US officials shake hands sealing trade deal expanding beef exports to 100,000 tons.
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Argentina signs trade agreement with the United States

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Foreign Minister Pablo Quirno announced a trade agreement between Argentina and the United States that expands the beef export quota to 100,000 tons and removes tariff barriers in key sectors. The deal aims to strengthen bilateral economic ties and could boost exports by up to $1,013 million. The agricultural sector, particularly meat exporters, hailed the pact as a major step forward.

The Ministry of Agriculture and Rural Development identified rises in beef prices in 2026, due to a 14.59% increase in live cattle prices. The government is dialoguing with supply chain actors to implement measures protecting domestic supply and household economies.

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Building on China's safeguard measures announced January 1, 2026, which impose country-specific beef import quotas through 2028 with 55% tariffs on excess volumes (12.5% within limits), Argentina receives 511,000 tons—exceeding 2025 exports by about 100,000 tons—positioning it and Uruguay as key beneficiaries compared to Brazil and Australia. This eases concerns in Argentina's cattle sector, supporting growth without severe restrictions, though capping major expansions.

Fernando Savore, vice president of the National Federation and the General Confederation of Grocers, explained on Canal E how consumption in supermarkets and stores has changed due to inflation and digitalization. He noted that large purchases have decreased, favoring small restocks in neighborhood stores. He also highlighted the rise of virtual payments and price adjustments in food.

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The Rosario Grain Exchange projects that grain production in the 2025/26 campaign will reach a record 154.8 million tons, 12% above the previous historical high. However, exports will generate only $36.8 billion due to falling international prices. Corn and wheat will lead this production growth.

Jorge Pazos, head of the Chamber of Blueberry Exporters, stated that production remains stable despite a drop in exports, offset by increased domestic consumption. In an interview with Canal E, he emphasized balancing local and external markets, along with the growing role of frozen fruit and Brazil as a key destination.

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The National Institute of Statistics and Censuses (INDEC) revealed that Argentina obtained a gain of US$ 3.509 million in 2025 thanks to improved terms of trade, driven by a sharper drop in import prices than in exports. Import prices fell 4.5% year-over-year, while export prices declined only 0.6%, raising the index by 4%. This evolution contributed to a trade surplus of US$ 11.286 million.

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