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Drought hastens Argentina's first beef imports

China Daily | Updated: 2009-08-20 08:06

Drought hastens Argentina's first beef imports

A drop in Argentine beef production and exports could hurt earnings at companies such as Brazil's JBS SA, the world's biggest meatpacker. Bloomberg News

SANTIAGO: Argentina, the biggest beef-consuming nation, may resort to imports for the first time within two years as a drought kills cattle and export controls prompt ranchers to quit the business.

Drought hastens Argentina's first beef imports

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