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Marfrig continues Argentinean expansion 01 Feb 2010
Giant Brazilian processor, Marfrig is planning two huge feedlots in Argentina, continuing its growing presence in the country.
Marfrig, through its meat processing daughter company, Quickfood has purchased 150 hectares in the province of Cordoba to establish one of the largest feedlots in the country.
The feedlot will cost US$20 million to set-up and will have a capacity for 22,000 cattle. The project is part of the Brazilian corporation’s expansion in Argentina with a second feedlot planned for the province of Buenos Aires.
While Argentina is one of the world’s leading exporters of beef, the federal government has restricted exports to ensure the domestic market supply. Argentines are the top consumers of beef in the world.
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