In regards to the frozen Burgers, its price went up 11.5% monthly and in this way It has already increased almost the same as the main beef cuts when contrasted with February 2020, that is, the last month before the pandemic. And in the case of the price of the chickenthe rise reached 6.4% monthly, the highest in the last four months.
It is worth clarifying that both the program Cuts Care, which fixes the prices of the seven most popular cuts of meat, and the restriction on their exports. The decision was implemented by the Government to decouple international prices from cuts and reduce their impact on the domestic market. The cut-off program has monthly price updates and is valid until November 7.
Among September 2021 and September 2022 the prices of meat cuts increased less than the general level of the CPIas it had been happening in the previous months.
In the case of roastthe price experienced an increase of 66.9% annualthe one of the mince went up 66.8%the one of the palette, 65%, that of the rump, 67.4%, and that of the buttock, 67.3%.
For its part, the box of frozen hamburgers more than doubled its price in the last year (108%). Meanwhile, the price of chicken increased 97% in twelve months, which implied an increase in prices of almost 18% per annum with respect to at the average price of main meat cuts surveyed by INDEC and a up almost 8% In relation to general level of the CPI.
Among february 2020that is, the month before the start of the quarantine in Argentinaand September 2022the overall level of IPC increased 3.2 times and the average price of beef cuts measured by INDEC rose 3.5 times. In the case of palette, the rise reached 256.7%and in that of the buttockthe increase was 255.1%, followed by the roast (+250.7%)the one from rump (249.9%) and the one of the common minced meat (243.6%).
Now, with the rises of recent times, andl price of box of frozen hamburgers substantially reduced the gapsince he came to accumulate a increase of 224.4% (+3.2 times). On the other hand, the price of whole chicken increased 273.3% in thirty-one months (+3.7 times).
In parallel, there are fears for the drop in international meat prices, given the slowdown in the Chinese demand for beef. The country represents 80% of local meat exportsbut in the last two months it reduced its rate of imports due to the lower need for purchases due to its own pig production, the effects of its Covid Zero policy and the lower purchasing power due to the devaluation of its currency.
This is added to the fact that the internal consumption of beef fell almost 8% compared to 2019, despite having improved 0.8% in September and reaching 47.2 kilos per inhabitant per year. The low levels of consumption are linked, according to CICCRA, with the purchasing power of the population, given the growth of replacement meats, and changes in diet.
Source: Ambito
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