Food and energy importers are being hit with export bans and restrictions in a number of countries at the start of 2022: Argentina’s two-year ban on beef, Indonesia’s ban on coal, Mali’s ban on grain and related products, and Russia and Ukraine’s continued wheat export caps. In an effort to curb rising prices in the country, the Argentine government issued decree No. 911 on Jan. 3, extending its export ban on seven beef cuts until Dec. 31, 2023. In 2021, Argentina suspended beef exports to adjust domestic beef prices. Argentine President Alberto Fernandez once said the main reason for soaring Argentine beef prices is exports to China, which surpassed the United States as the world’s largest beef importer in 2019. In addition to beef, the Argentine government announced restrictions on corn and wheat exports on Dec. 17, 2021. In 2022, Argentina restricted corn exports to 41.6 million tons and wheat …
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