Sergio Vitale, owner of the ‘Vitale’ Meatpacking Plant

Alert issued over increase in beef price ahead of holidays: According to national news outlets, a combination of low supply due to flooding in productive areas, rising exports, and international prices have driven up prices by 15% to 25%. Sergio Vitale, head of the ‘Vitale’ Slaughterhouse, stated that "in the last two months we have suffered increases close to 25% due to several factors: the excess rainfall in the northern part of the Province of Buenos Aires, the lack of supply in the domestic market, and the increase in exports of steers that were previously destined for the domestic market. Given this lack of supply, the competition for prices makes everything a bit more expensive." How have these increases impacted consumption levels in recent months? The butcher detailed that "it is still selling because we are at the end of the year and people at this time usually make purchases thinking about the holidays. What is happening is that purchases are no longer just of beef, but ...