Which of the following countries is famous for livestock ranching in the world ?

Question

1 Answer

answered Mar 1, 2022 by IshmeetKaur (115k points)
selected Mar 2, 2022 by YogitaMahadev

Best answer

Correct Answer - Option 3 : Argentina

The Correct Answer is Argentina.

Argentina is famous for livestock ranching in the world.
Argentina's world-famous ranchers are culling their breeding cows at the fastest rate in 30 years, relying on Chinese meat demand to help pay their bills as access to credit for farmers in South America's second-largest economy has dried up.
Agriculture in Argentina is relatively capital intensive, employing around 7% of the workforce today and accounting for less than a third of all labor even during its heyday around 1900.
After accounting for nearly 20% of GDP in 1959, it now contributes less than 10% of GDP directly.
Unprocessed agricultural primary products, mostly soybeans, wheat, and maize, made up a quarter of Argentina's $86 billion exports in 2011.
Argentina is the world's largest producer of yerba mate, as well as one of the top five producers of soy, corn, sunflower seed, lemon, and pear, as well as one of the top ten producers of barley, vine, artichoke, tobacco, and cotton, and one of the top 15 producers of wheat, sugarcane, sorghum, and grapefruit.