The USDA-FAS GAIN report on chicken production in Argentina (AR2020-0030) was released on September 22nd. In 2021, total production is forecast at 2.230 million metric tons, a 1.8 percent increase from 2020. Approximately 7.8 percent of production will be exported. Domestic consumption will attain 45.8 kg (100.7 lbs.) per capita assuming a population of 45 million.
Of the known destinations for the first six months of 2020, comprising 43,000 tons of RTC, 54 percent was consigned to China and 21 percent to South Africa with neighboring Chile receiving nine percent.
It is noted that Argentina is undergoing severe financial problems with a massive fiscal deficient due to decades of over-generous entitlements. The international lenders of last resort do not appear to be willing to extend loans under the present left-leaning government.