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U.S. packers look to Argentina
American beef packers find themselves against a trade wall.Every box of beef headed for Asian markets like Korea is scrutinized, all because of a couple of mad cows and the fact that bone chips have been found in some “boneless beef” shipments headed for Korea. What’s an American beef packing giant going to do? Well, it can go south, way south.
This winter, Arkansas-based Tyson Foods Inc announced that it had teamed up with two Argentine companies to create Tyson’s first venture outside of North America.
A feedlot in central Argentina feeding 25,000 head at a time will ship to a boxed beef plant with the capacity to finish 9,500 head a month. An expansion is planned.
The meat from grain-fed cattle will be shipped to markets in Asia, and Argentina already has approval to ship beef to European Union countries that aren’t anxious to buy from the United States, where growth hormones that aren’t licensed in Europe are widely used. BF
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