ARGENTINA appears to have shelved plans to ban beef exports as a means of reining-in rampant inflation and high cost of living sweeping the country.
Earlier media reports out of South America suggested a ban would be imposed, but yesterday the government indicated the plan had been shelved, in favour of other methods designed to curb domestic beef prices.
Argentina has at least twice in the past 20 years banned beef exports for lengthy periods, in a move designed to curb cost of living for domestic citizens – among the biggest beef eaters in the world.
The effect was an almost immediate…
