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Argentina’s beef sector fears damage from export closure, based on past history

RIO DE JANEIRO, BRAZIL - Argentina's beef production sector, which employs 400,000 people and generates annual exports of US$3 billion, fears that the Government's decision to suspend shipments abroad to curb prices in the domestic market will generate major damage to the activity, as it happened fifteen years ago.

The measure, which has been in force since last Thursday and for a period of one month, has been widely rejected by exporters, slaughterhouses, unions of the sector, governments of some producing provinces, and the cattle farmers themselves who, as a protest, decided not to send live cattle. . .

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