Argentina Lifts Live Cattle Export Ban, Opening New Market Opportunities
Argentine President Javier Milei’s Decree 133/25 ends a 50-year ban on live cattle exports, aiming to open new market opportunities for the livestock sector. Countries like Australia and Brazil lead global live cattle exports, presenting a substantial market. Minister Federico Sturzenegger highlights the need for Argentina to engage with these markets, criticizing prior restrictions on trade.
On Wednesday, Argentine President Javier Milei announced Decree 133/25, which terminates a 50-year prohibition on the exportation of live cattle. This ban, established in 1973 due to supply issues, has significantly restricted trade opportunities for the livestock sector. Under the current Libertarian government, this decision aims to revitalize the industry by engaging in the substantial global market for live cattle.
Countries such as Australia, France, and Canada each export over $1 billion worth of live cattle annually, demonstrating the lucrative nature of this market. In South America, Uruguay exports approximately 250,000 heads per year, while Brazil leads with 750,000. This presents Argentina with an opportunity to enhance its trade landscape, especially given the specific slaughtering methods required by certain countries, like Turkey, which does not accept castrated animals.
Deregulation Minister Federico Sturzenegger emphasized the importance of accessing these foreign markets, criticizing the previous restrictions. He commented, “Excluding us from these markets for free is nonsense.” Sturzenegger also pointed out the need to address not just exchange rate issues but also the extensive trade restrictions that inhibit Argentina’s export capabilities.
He remarked on the limitations affecting other sectors, such as hides, coal, and scrap metal, which further constrict export potential. This highlights a broader issue within Argentina’s trade regulatory framework that has hampered economic growth and market presence internationally. The decree reflects a significant shift toward deregulation and market re-engagement for Argentina’s agricultural exports.
The lifting of the live cattle export ban by President Javier Milei marks a significant transformation in Argentina’s agricultural policy. By opening its market for live cattle, Argentina seeks to capitalize on international trade opportunities, particularly with countries that have specific slaughter preferences. The move aims to enhance the livestock sector’s growth, reflecting a broader commitment to reducing trade restrictions and fostering a more competitive economic environment.
Original Source: en.mercopress.com
