A partial resumption of Argentine beef exports is expected at the end of this month, following an agreement between the country's beef industry and the government.

The country suspended beef exports last month in a bid to curb rising domestic prices.

Producers must now supply the domestic market with 180,000 tonnes of beef per month at a price set by the state.

As a trade off, they will be allowed to export 87,000 tonnes of beef a year, in addition to the 28,000-tonne Hilton quota exported to the EU under a preferential tariff.

The MLC did not expect an impact on EU beef prices.

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