Appec seeks mediation from the government to get out of the current situation in Paraguay

Published 2023년 1월 4일

Tridge summary

The president of the Paraguayan Association of Meat Producers and Exporters, Fernando Serrati, has expressed that the livestock industry is in a desperate state and does not anticipate any improvement. He attributes the decline in the bovine stock, which is expected to drop by 700 to 800 thousand head in the last two years, to financial losses and demotivation among producers. The current selling price is significantly lower than the starting price of 2022, leading to an annual devaluation of 13.6% from the beginning of the year to November. Serrati has urged the national government and the Paraguayan Chamber of Meat to address this critical situation and promote higher prices to prevent further setbacks. He believes that with the right strategies and a unified approach, the industry can not only recover the lost headcount but also expand beyond its current limits.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The president of the Paraguayan Association of Meat Producers and Exporters (Appec), Fernando Serrati, assured that the producer has no expectations that the current livestock scenario will improve. "It's the worst thing that can happen in an activity," he said. Serrati estimated that, once the result of the vaccination that begins on January 24 is known, the country's bovine stock will register a drop of around 700 to 800 thousand head in the last two years, from 2020 to date. "We believe that it happens because the producer is losing money and has become demotivated," he said in an interview with the ABC newspaper. He explained that the price that farmers receive today is well below the value at the beginning of 2022, when in January it was positioned at US$ 3.78 for meat. According to the Meat Commission of the Rural Association of Paraguay (ARP), the reference for the male in November was US$ 3.26, which implied an annual devaluation of 13.6% in relation to the period January ...

Source: Elagro