Argentine Beef Exports Hit Highest Level in More than Five Decades

Argentina's beef exports during the first nine months of this year rose to their highest level in 57 years, as shipments of one of the South American country's best-known food staples grew among buyers in the United States and neighboring Chile.

Official data released on Thursday showed that January-to-September beef exports totaled nearly 700,000 metric tons, with most of that volume, or nearly 70%, purchased by Chinese buyers.

The next largest foreign buyers by volume were the European Union and then Israel, according to the data...

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