Martin Pinto, head of the Merlo Bakers Center and CIPAN representative, commented that the millers will not deliver orders until after the national legislative elections.
In the last hours, the bakers of the province of Buenos Aires warned that the mills They have already notified you that starting this Friday They will not deliver orders until after the national legislative elections.
As explained by Martin Pinto, head of the Merlo Bakers Center and one of the main references Chamber of Industrial Bakers of the province of Buenos Aires (CIPAN)companies “are speculating on the results and how the markets react to an eventual victory or defeat of the national government.”
“As of today, they notified us that sales are suspended until next week,” Pinto reported and added that “They continue to type whether Argentines can eat or not, according to how the elections for the government turn out.”.
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The crisis in the baking industry
The industrial bakers of Buenos Aires are going through a deep crisis since the inauguration of Javier Milei, with a historic low consumption, constant increases in raw materials and thousands of bakery closures. Now, they fear that prices will rise again, in case lthe electoral results are adverse for the national government.
In this context, Pinto had previously detailed that in the In the last 18 months, 14,000 bakeries closed throughout the country. “Producing in Argentina costs more and more. I am a baker and I only use half of the machines,” he stated. Furthermore, he had added that the consumption of bread fell 50% in the last year and a half.
“They sell 85% less. Not even the dozen from the day before at the 50% discount are sold anymore. Today the bakeries produce to order, with two or three basic products, and the refrigerators are turned off because what is not sold is thrown away,” he described.
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As reported from the CIPANto the drop in consumption of this type of products was added the continuous rise in raw material prices that are used for its production, such as flour, yeast or fat, which have increased in recent months well above the inflation rate.
This increase affects all basic inputs: flour, margarine, sugar, fat, yeast. Furthermore, according to the leader, there are often gradual increases week after week that are not always reflected in the official indices.
Source: Ambito
