Argentine: The annual balance of bovine meat is in the red

Published 2022년 11월 18일

Tridge summary

A talk by livestock consultant Fernando Gil highlighted the challenges facing the Argentine livestock sector, including a stagnant repricing of consumer categories for meat for five months despite inflation. The sector is expected to see a slight improvement in December, driven by increased consumption due to the Christmas holidays. The feedlot industry, in particular, is struggling with high production costs and falling demand. The consultant suggested that for the sector to return to profitability, consumer finance prices need to rise above $100, given the current production and financial costs. The sector is also facing challenges in exports, with falling export values due to a delay in the exchange rate and a gap from the real dollar.

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

Original content

Within the framework of a talk organized by the Federation of Argentine Regional Refrigeration Industries (Fifra), the livestock consultant Fernando Gil described a complex panorama for the activity, when analyzing the values of the consumption farm and the margins for production and industry . One of the variables that worries this value chain is the recomposition in the price of consumer categories, slowed down for five months. LOOK Livestock, bogged down: despite the fact that meat is behind inflation, consumption is not rebounding On this subject, the analyst considered that an improvement could be registered in December, but of a lesser magnitude than what the sector expects. At this point, the combination of less supply coming from the feedlots that are being emptied and a greater traction in consumption, as of the proximity of the Christmas holidays, influences. LOOK: "Fast" fattening: due to drought, high costs and ironed price, the farm is 50 days less in the feedlot If ...

Source: ARInfocampo