Argentina: The rise in the farm for meat consumption slows down, although export increases
Frozen Bone-In Beef
Meat
Argentina
Published Mar 2, 2023
Tridge summary
The change in livestock prices after a long period of delay in relation to inflation undoubtedly benefited the producers and especially the fatteners, who were hit hard by this imbalance and by the severe drought. Although values have improved, they still have a long way to go to close the gap against inflation accumulated in the last year. The improvement was 70% in cattle against an inflation that overflowed 100%.
Original content
The change in livestock prices after a long period of delay in relation to inflation undoubtedly benefited the producers and especially the fatteners, who were hit hard by this imbalance and by the severe drought. Although values have improved, they still have a long way to go to close the gap against inflation accumulated in the last year. The improvement was 70% in cattle against an inflation that overflowed 100%. The producer began, in terms of prices alone, to get its head out of the water, although it continues to be extremely difficult due to the dry season. In the case of the consumer industry (refrigerators that sell meat to the domestic market), the changes in values generated a problem because it is not yet possible to generate all the transfer to consumers. And in the case of exports, the values of the farm that nourishes said business rose more than those of meat. This Wednesday, at the MAG (Livestock Market) of Cañuela, an entry of 10,500 cattle was operated and what ...
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