The average price of steer standing went from $309 a kilo at the beginning of January to $418 in the last week of the month, which implied a rise from 35%Meanwhile in steer the jump was from $312 to $433 the live kilo, a 38% jump. In regards to the media res, the increases that transferred to the retail trade butchers, refrigerators and suppliers, and which culminated last week, they were on average between $250 and $300 per kilo. According to him Institute for the Promotion of Argentine Beef (Ipcva), during 2022 the average price of meat to the consumer grew 42.2%, while the National Institute of Statistics and Censuses (Indec) reported a general increase in prices of 94.8%.
Asked about retail prices, Rafael highlighted in dialogue with AM 750 that “meat was very cheap during 2022: there was a delay of 60, 70% in relation to inflation.”
In addition, he anticipated that “There is still an increase of 15 or 20% left”.
“The farm market is supply and demand. There was more supply than the demand neededin addition to the weather issue that the drought did advance the task. The December slaughter was close to 53 kilos per capita of consumption,” he added about the causes that had operated on the delay in prices before January and added: “It was a product that was cheap in relation to any product in the basket.” .
“In the last few weeks there were increases of 30% in meat, in the last 20 days, and was moving last week to the counters and this week,” he stressed.
In respect of future increasesHe commented: “We don’t know if it will be in February or March when the flow of people will be in the streets.”
In comparison with the international prices, Rafael pointed out that the delay is around 200% in the kilo of meat and stressed that it is not that prices are very high in the sector but that “the salaries ours are very depressed.”
He Government will announce this week a program of discounts of 10% of debit card meat purchases with a cap of $1,000 per purchase. In parallel, it will look for ways to increase the supply in the local market.
Source: Ambito
