Alert in the refrigerators: record costs and plummeting revenues put the sector at risk

The Chamber of Meat Industries (CAINCA) issued a statement with an unusually severe tone in which it warns about the accelerated deterioration that the beef slaughter sector is undergoing in the province of Buenos Aires. According to the entity, the current scenario combines an uncontrolled increase in operating costs with a relative drop in income from by-products, generating an economic equation that has become unsustainable for most plants. CAINCA maintains that the situation is "widely known but ignored" by various actors in the chain, and that the sector has entered an "extremely complicated" phase that threatens the operational continuity of numerous plants. The seriousness, they point out, does not lie solely in the low profitability, but in the inability to cover contingencies, undertake investments, or even update equipment and processes in a sector where modernization is key to maintaining competitiveness. Soaring costs and a financial gap that does not close The ...