Here's a bit of news about the Argentinean beef industry.
http://www.msnbc.msn.com/id/34368080...orld_business/
Looks like Argentina will have to actually import beef in a few years because of all the conversion of grazing land to soya bean production (which is ironically exported to feed cattle in Europe and China).
Anecdotally, my partner and I found that the beef we were served in Argentina this past few weeks was overall much fibrous and not as nice as what we had in early 2003.