Argentine meat packer Ecocarnes defaults on $6B in checks, operates at 30% capacity

Ecocarnes SA (formerly Cocarsa) has accumulated 232 rejected checks totaling $6,000 million and carries $41,469 million in financial-system debt, operating at 30% capacity. The union reports months without social works, and a new hearing is set for October 5. This signals severe financial distress in a major Argentine meat exporter, with potential implications for the sector and broader economy.