Like Australia, Argentina has been battling with severe drought. According to the World Beef Report, western areas of the Buenos Aires province have recorded between 180 and 200mm of rainfall during 2003, well under the historical averages of 700 to 900mm. Other provinces in the northern half of the country have also been drought affected with some still in a dire situation. The drought is expected to raise cattle prices and reduce the number of calves coming through in 2004.
Source: Meat and Livestock Australia
