Argentina’s beef consumption falls to lowest level in 20 years as prices soar
Argentina's beef consumption has reached its lowest level in 20 years due to soaring prices and declining purchasing power. Families are increasingly opting for cheaper proteins like chicken and pork as economic austerity measures take effect. The government's policies have led to a significant drop in household incomes, further exacerbating the decline in beef consumption.
- ▪Annual per capita beef consumption in Argentina fell to 44.5 kilograms in April 2026, down from 49.5 kilograms a year earlier.
- ▪Beef prices rose more than 60% over the past year, reaching an average of 18,500 pesos per kilogram in Buenos Aires.
- ▪The government's austerity measures have included cuts to public spending and subsidies, impacting household income.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onArgentina’s beef consumption falls to lowest level in 20 years as prices soarArgentina’s beef consumption has fallen to its lowest level in two decades as soaring prices and weakening purchasing power push many families to replace beef with cheaper proteins like chicken and porkByCLARA PREVE Associated PressMay 16, 2026, 3:28 AM1:10A worker carries pork inside a butcher shop at the Mataderos meat market in Buenos Aires, Argentina, Thursday, May 14, 2026.
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