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The story is recurring. As has been happening month after month, the increase in beef on the counter was once again below inflation last September. According to the monthly disclosure made by the Institute for the Promotion of Argentine Beef (Ipcva), On average, the prices of the different cuts recorded in the AMBA, Rosario and Córdoba a variation of 0.6% compared to the previous month, lo which represented almost three points below the Indec Consumer Price Index (CPI), which reached 3.5%. In detail, in the first nine months of the year, this meat protein rose 32%, with a year-on-year variation of 151%. In the meat sector they expressed that butchers have almost the limit margins. The price recomposition will come, they said, between December 15 and January.
Compared to other meats, according to the study, The price of fresh chicken showed a variation of 4.3% in September compared to August, which totaled an increase of 54% in the nine months of 2024 and, compared to the values of September 2023, the increase was 200%. For its part, The price of pork breast had a variation of 8.2% compared to the previous month, 21% in the nine months of the year and 187% compared to September 2023.
Along these lines, the document highlighted that In the points of sale that serve neighborhoods with a high socioeconomic level, the values of beef did not change in price; in the middle levels the increase was 0.3%, while in those that serve the low socioeconomic level, prices increased by 1.4%.
“The main increases in average prices during September occurred in matambre, roast tapa and roast (1.9%), loin (1.5%) and vacuum (1.4%). On the other hand, the cuts with the greatest falls in prices were the square (0.5%) and the shoulder (0.2%),” says IpcvaSTRINGER – AFP
“The behavior of beef prices during September showed increases in all the AMBA areas surveyed: in the south of GBA 0.9%; in CABA, 0.7%; in the northern GBA, 1.3% and; in the western GBA, 1.2%. By point of sale, there are differences over the course of last month: prices varied by 0.9%, compared to August in butcher shops; while in supermarkets a drop of 0.1% is observed,” said the Ipcva.
Meanwhile, when analyzing the evolution of prices between supermarkets in relation to butcher shops, it can be seen that “prices in supermarkets are relatively more expensive than in butcher shops in September: “With one kilo of average supermarket meat you buy 1.02 kilos of average meat in butcher shops.”
“The main increases in average prices during September occurred in the matambre, roast tapa and roast (1.9%), loin (1.5%) and vacuum (1.4%). On the other hand, the cuts with the greatest drops in prices were the square (0.5%) and the shoulder (0.2%),” added the published document.
With respect to the different categories of ranch, taking into account the values in the Cañuelas Agricultural Market, the study indicated that “calf meat showed variations in its prices of 0.4%, calf meat 1.2% , heifer and veal meat by 1.2% in relation to August values: on average, the price of the light category of retail consumption had an increase of 0.6% compared to the price of the previous month.
In this sense, the organization highlights that currently cuts such as the fish (11.5%), the loin (22%), the roast (3.2%) and the tail of the rump (19%) have a higher price in supermarkets. . And on the other hand, the skirt has a difference of 28.9%, as well as the common minced meat (18.6%) and the common meat (16%) which are cheaper in large storesSTRINGER – AFP
To Leonardo Rafael, president of the Argentine Chamber of Butchers and Suppliers (CAMyA), the uncertainty that butchers have is very great because profit margins are almost at their limits. “The small variation has perhaps been because they have raised some products and lowered others, but imagine “that at 3.5% inflation, a variation of 0.6% is nothing,” said to THE NATION.
In this sense, the organization highlighted that, Currently, cuts such as peceto (11.5%), loin (22%), roast (3.2%) and tail of rump (19%) have a higher price in supermarkets. And that on the other hand, the skirt has a difference of 28.9%, as well as the common minced meat (18.6%) and the common meat (16%) which are cheaper in large stores: “In the most popular cuts, like those from the wheel, used mainly in the preparation of Milanese, the price difference is close to 0.9% in the case of the buttock, being the cheapest price in the butcher shop.
On the other hand, the leader assured what There is not going to be a big increase in meat prices on the counter in the coming months, in fact the rising values of the standing herd have also decreased.
“Now it is settling back in but There has not been a significant increase from January to date. What’s more, There was a small setback in terms of meat (half a beef), perhaps not so much in terms of the farm. It may be that the decline is not seen as much in the business because fixed costs such as electricity, rents and all taxes in general have increased,” Indian.
In a future scenario, Rafael pointed out that The recomposition will take place between December 15 and January. “I don’t see that we are going to have problems for the Holidays, but then the value update will come because it is very late. He adjustment will be in mid-January and may not be as strong and will last longer towards February due to the fact that there are few people on vacation and little consumption, but it is somewhat difficult to do futurology in Argentina,” he concluded.
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Certainly! Gather ’round, everyone, because we’re diving into the riveting world of beef prices in Argentina, where the prices seem to be rising slower than my enthusiasm for watching a snail race.
The Shocking State of Beef Prices
So, brace yourselves: last September, the average price increase for beef was a meager 0.6%! That’s right—compared to the 3.5% inflation rate, beef is being more careful with its wallet than I am on a first date. Of course, this isn’t great news for the butchers, who are feeling the squeeze of almost non-existent profit margins. It’s like a game of chicken, but everyone’s too scared to move!
We learn from our dear friends at the Institute for the Promotion of Argentine Beef (Ipcva) that in the past nine months, beef prices have risen a whopping 32%—a year-on-year increase of 151%. So yes, you can now officially blame inflation every time you order a classic Argentine asado.
The Great Poultry Price Surge
Now, moving on to the feathered friends: chicken! If you thought beef had it rough, check out chicken, which has soared to an increase of 4.3% in September alone, totaling a dramatic 54% rise this year. It’s like chicken is trying to assert its dominance in the meat game—first beef, now this!
And let’s not forget pork; it’s been doing its best impression of a Hollywood blockbuster with an 8.2% increase last month and 21% for the year. At this rate, the only thing more inflated than meat prices might just be my excitement for the next Marvel movie!
A Socioeconomic Breakdown—Burgers for All!
Interestingly, it seems there’s a social divide when it comes to beef pricing. Fancy neighborhoods are getting prices like it’s happy hour at an expensive bar, with no changes, while middle-income folks face a modest 0.3% rise, and those in lower socioeconomic levels see the biggest increase of 1.4%. It’s tough to feel like you’re vibing with the super-rich when you can’t even afford the good cuts of meat.
Supermarket Shenanigans
If you thought buying from supermarkets would be cheaper, I have news for you! Did you know in September you could get 1.02 kilos of average meat at the butcher shop for the price of 1 kilo at the supermarket? The only thing getting butchered here is the price theory! It’s like a bad marriage: expensive upfront and a hefty price to keep things going.
The Agony of the Butchers
Then there’s Leonardo Rafael, the president of the Argentine Chamber of Butchers and Suppliers (CAMyA), who succinctly pointed out how profits are just… well, non-existent. Very much like my dating history, where every chance for happiness seems to be overshadowed by inflation. He notes that that meager 0.6% increase amidst soaring inflation is insufficient to keep butchers from gnawing on their own nails.
Future Predictions—A Crystal Ball of Meat!
Looking ahead to the holiday season, we see a spark of hope. Rafael suggests we might see price adjustments between December 15 and January. But let’s not get too excited; this adjustment may not be the massive New Year celebration we’re hoping for. Remember, this is Argentina! Predicting prices here is like guessing how many times I’ll trip over my own feet on stage—an educated guess at best!
Conclusion: May Your Steaks be Tender!
So, folks, as we navigate these price fluctuations like a three-legged cow on roller skates, it’s essential to remember: beef may be in the spotlight, but it’s a shared stage with chicken and pork too—each vying for our attention and appetites.
Keep your forks ready, and may your steaks be ever tender! Because, at the end of the day, no one wants to chew through a rubber band disguised as a dinner. Cheers!