Insecurity affects the price of meat in Mexico

Published 2023년 2월 22일

Tridge summary

The article highlights the recent surge in prices for chicken breast and pork chops in Mexico, with prices now exceeding 120 and 125 pesos per kilo, respectively. Ernesto Hermosillo, the president of the Mexican Meat Council (Comecarne), has attributed these price increases to various factors including higher raw material costs, insecurity, and increased security expenses. Hermosillo anticipates that these higher prices will remain stable in the near future, without returning to previous lower prices. The cost of moving merchandise, especially when it requires armed escorts, has also risen due to insecurity, adding to the overall expense for meat producers. Additionally, the article mentions a decrease in beef prices over the past week.

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

Original content

Chicken breast and pork chop have become more expensive in recent weeks to sell for more than 120 pesos per kilo, so price stability is expected, said the president of the Mexican Meat Council (Comecarne), Ernesto Hermosillo. He added that the insecurity environment makes everything more expensive because carriers no longer want to travel on certain roads and go to certain places, in addition to the fact that companies have to pay more for security, such as guards to guard trailers with merchandise. The increases in raw materials and the environment in general caused a kilo of pork chop to reach a national average of 125 pesos per kilo, while chicken breast exceeded 120 pesos per kilo, in the week from 13 to 17 February. During the 2023 Meat and Dairy Expo, Hermosillo indicated that chicken breast "has risen a lot." "We have already reached the price ceiling, there is no reason for it to rise further, raw materials have already begun to show stability, without a doubt," he said. ...

Source: Informador