ANNOUNCEMENT 07 Oct 2010In October 2010, the government of Argentina announced an altered export quota.
NUMBER OF INTERVENTIONS
On October 7 2010, various press reports revealedthe Secretary of Domestic Commerce of Argentina will require exporting meat processing plants to sell one ton of popular meat cuts at official prices per every two tons of meat to be exported. Moreover, the sales of popular meat cuts within the domestic market will have to be reported every Monday to the Secretary. This report must specify consignees and sales volume of each meat cut as a condition to obtain export certificates issued by the Secretary. The masure is aimed at guaranteeing popular prices within the domestic market. So far, no official declaration has been issued on the matter.