Each Argentine ate 42.6 kilos in March, 10 kilos less compared to the same month in 2023. Meat cuts rose 11% in the third month of the year.
The decrease in beef consumption is due to the drop in the population's purchasing power. In March, cattle slaughter totaled 1,054 million head, which marks a drop for the fourth consecutive month and marks the lowest activity levels in the last forty-five Marches. The price of the emblematic product in March accompanied the general inflation data from Indec, according to IPCVA data.. In 1960 each Argentine consumed 82 kilos (peak) of beef and from then on it decreased. In the 90s, poultry meat consumption was 20 kilos and now it is between 45-49 kilos, even surpassing the 50 kilos mark. Meanwhile, in March beef production was equivalent to 237 thousand tons of bone-in beef, 13% less than 2023, while exports remained at 85 thousand tons.