The price of meat began to fall after the sharp rise recorded in the first fifteen days of December.
According to representatives of the meat industry, this is the only reason for the decline the public did not validate the increases faced with the loss of purchasing power that inflation is causing.
In a week, The values of the categories of properties consumed in the domestic market have fallen sharply after peaks of some special lots of $2,000. So, over 7 days, steers averaged $1,456 (%10), steers averaged $1,489 (17%); and heifers, $1,422 (16%).
“It’s already going down,” he said. Miguel Schiariti, president of the Chamber of Meat Industry and Commerce (Ciccra). “The consumer did not validate the prices“He added. Reportedly, there were many butcher shops not opening and many others selling for half as much.
For Schiariti the decrease in the value of the product will be in the order of 20%-25%.
“The decline is important. Not so much in the cuts required at this time.” she noted Sergio Pedacevice president of the Argentine Chamber of Matarifes and Suppliers (Camya).
The Argentine Institute for the Promotion of Beef (IPCVA) revealed that the prices of different cuts of beef recorded a variation of 11.6% in November compared to the previous month. Year-over-year increase is 189.2%.
While sand added a 51% increase in the first 14 days of December and puts pressure on all the rest of the prices.
“No one believed this 50% increase in a week. Neither the public nor market operators. It was more linked to politics and uncertainty than to the lack of finances,” explained Schiariti.
The Minister of Agriculture, Fernando Villalla, also referred to the recent increase in meat values. “The current price is a difficult price to sustain. It gives me the impression that (the decrease) purchasing power will depress demand and this depression will affect prices“he estimated.
In this context, the agricultural portfolio has reached an agreement with the exporting meat processing plants which, in the midst of the end-of-year holidays, will be able to we offer five grilled cuts at discounted pricesS.
The refrigerators that will participate in the agreement are those that are part of the Consortium of ABC Frigorif Exporters and, in addition, the ChangoMás, Carrefour, La Anónima, Cencosud (Disco, Vea and Jumbo) supermarkets and the Friar butchers in northern Spain. the country will join. The Government has assured that “in the next few days other supermarket chains will join the initiative with their own offers”.
The cuts achieved and prices are: roast: $4,900; matambre, at $5,900; roast tapa, at $4,900; skirt, $2,900; and empty, at $5,900.
Meanwhile, the controversy continues with the mayor of Castelli, Francisco Echarrenafter reporting that he will adjust the price of meat for the holidays.
“In Castelli we use the chainsaw to cut roasts and meat for 2,900 pesos. Long live the damned social justice!”, the mayor of Buenos Aires posted on his social network together with a photo showing him with the chainsaw next to half a beef, in clear allusion to president Javier Milei: “First of all Castelli, the free market is going to hell!” We will regulate the prices of basic foods and give the municipality’s help so that no family goes without a plate of food,” he added in another post.
Source: Clarin