418 



FOREIGN COMPETITION 



The following table shows in detail the growth of Argentina's 

 beef trade. 



Exports of Beef from Argentina 



In contrast with this table, the following table shows the steady 

 decline in United States beef exports. 



Exports of Fresh Beef from the United States 



Argentine chilled beef normally sells on the English market 

 within \y<i to 2 cents a pound of the price of English beef, and 

 Argentine frozen beef from 1^ to 2}^ cents a pound lower than 

 Argentine chilled. The destination of nearly all of Argentina's 

 beef is England, although the United States is beginning to import 

 Argentine meat. In the twelve months prior to the World War 

 the United States imported 153,882,670 pounds of meat from 

 Argentina. Cattle growing in Argentine has proved to be a much 

 more certain enterprise than grain growing, hence the apparent 

 tendency to convert grain lands into alfalfa pastures. Cattle 

 breeding methods in Argentina are on a high plane, surpassing 

 those of the United States. In the United States it is the exception 

 to find a splendid herd of beef cattle handed down from father to 

 son, but in Argentina it is so common as to be almost the rule. In 

 fact, many establishments have been in the hands of the same 

 family for nearly a century. Furthermore, the custom is universal 

 of buying the best individual cattle and the best blood regardless 



