Despite the agreements, butchers in Argentina raised prices

The price of beef cuts at the butcher's counters increased 9.7% in December, according to private statistics. In this way, when analyzing the February-December 2021 period, the accumulated increase reached 50.7%, in line with the general inflation that the Indec will release tomorrow, although with one month less analysis than the national CPI. Meanwhile, the year-on-year increases in pork and chicken were lower, reaching 41.4% and 29.8%, respectively. In the coming months, one of the factors that could generate upward pressure on meat prices will be the lower availability of livestock. According to the Chamber of Industry and Commerce of Meat (Ciccra), between January and November, the meat processing industry processed 11.8 million head of heads, representing a year-on-year cut of 9.9%. Added to this drop in stock is concern about the lack of rain. This medium consulted sources from the livestock business about the impact of the drought on public sales values, who estimated that ...