|
|
Article: Euromania has brought currency rates into the news. (Meat Bacon Poultry Fish).(angles important to meat traders ignored)(Brief Article)
- Article from:
- Grocer
- Article date:
- January 12, 2002
CopyrightCOPYRIGHT 2002 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Euromania has brought currency rates into the news, but the mass media have missed the angles important to meat traders.
For instance, will Argentina's devaluation flood the world market with cheap fresh or frozen beef? No, reckon most pundits, who point out Argentinian producers and processors have heavy borrowings denominated in US dollars.
In this respect Argentina ...