After a 15% increase last week, The price of the meat rose 9.02% on average in recent days, with some cuts experimenting you raise up to 21%.
The main factors behind this increase include recent rains throughout the country, a accumulated delay in the offer and expectation of lower the Treasury availability this year.
The prices of the meat after the increases
According to the Argentine Chamber of Matarifes and suppliers (Camya), the prices of some meat cuts were established as follows:
In interannual termsthe price of meat increased by 88%, while the general price level rose 117.8% in 2024. In January, in AMBA, the increase in meat was 2.86%, according to the electronic Argentine price advertising system (SEPA).
How the price of meat impacts inflation
The Recent increases in the price of meat are already reflected in inflation rates. According to PXQ data, in January the inflation of Non -alcoholic food and drinks was 1.9% monthlywith an increase of 2.5% in vaccine meat. For its part, Freedom and Progress indicated that inflation showed a slowdown earlier than the month, with weekly variations close to 0.3%but at the end of January it accelerated up to a rhythm of 0.5%, mainly driven by the rise in food prices, especially meat.
In the first week of February, LCG registered food inflation of 2.3%, the largest in almost a year, where meats and beverages represented 80% of the increase.
Regarding the factors that explain the Suba, Miguel Schiariti, president of Ciccra, said that recent rains have reduced the farm supply, since only producers with fields close to the main routes can market it. This trend will decrease until May due to the seasonality of the livestock cycle.
At the same time, the consumption of meat in Argentina continues to decrease. In 2024, the per capita average was 47.7 kilos, which represents a 9% drop compared to the previous year, reaching the second lowest level since the measurement is carried out in 1914. This reflects a trend in which chicken meat is gaining ground, being for the first time consumed than vaccine meat. However, Argentina remains the country with the greatest per capita consumption of vaccine meat.
Source: Ambito
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