Argentine meatpackers anticipate a complicated 2025 and request the elimination of withholdings

Published 2024년 12월 30일

Tridge summary

The president of the Federation of Refrigeration Industries of Argentina (FIFRA), Daniel Urcía, forecasts that the bovine and porcine sectors will end 2024 with a high level of slaughter and meat production, despite challenges. He notes that the removal of export restrictions by the Javier Milei government has aided meat processing plants in staying active and fulfilling contracts. However, Urcía emphasizes the need for a complete elimination of export duties for all meats and their by-products to improve the industry's profitability. He also stresses the importance of controlling marginality, ensuring compliance with social security, labor, tax, and health obligations to support formal employment. The Ministry of Agriculture and Livestock has launched a control panel for intelligent inspections to support compliant companies and sustain formal employment.

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Original content

Valor Agro Argentina | In the latest editorial of the Federation of Refrigeration Industries of Argentina (FIFRA), its president Daniel Urcía predicted that 2024 will end “with a very good level of slaughter and meat production, both in the bovine and porcine sectors. In the first of them, we will surely be close to 13.8 million heads slaughtered, which means a decrease of 5% when a drop of 10% was expected for 2024. In the case of porcine, a growth of around 2% per year would be confirmed, as it has been doing year after year.” For the businessman and advisor of the Institute for the Promotion of Argentine Beef (IPCVA): “The high meat production could lead us to a wrong conclusion. It is easy to assume that the year was brilliant when, on the contrary, the situation is complex. The high slaughter and production only helped to reduce the impact of the increase in costs: the year closes without profitability for the industrial sector.” He also said: “The elimination of ...

Source: Elagro