2024-01-06 11:00:00
During the administration of the previous government, the export of certain cuts of meat abroad was prohibited. However, the new Government of Javier Milei promoted the free export of products from the meat sector and we are waiting to see how this change will be taken. in the domestic market. In order to talk more regarding this topic, this medium contacted the president of the Chamber of Industry and Commerce of Meats and Derivatives of the Argentine Republic, Miguel Schiariti.
“It is an atypical situation when it comes to meats, “It is the first time in history that in one week the price of cattle increases 60% and the following week it falls back to previous values.”commented Miguel Schiariti. “This is very atypical and generated a very strong increase in carnage of 60% And the following week the prices dropped,” he added.
The exponential increase in meat was due to a series of speculations
Later, Schiariti stated that, ““This happened due to a series of rumors and speculation regarding Milei’s assumption as President of the Nation,” Therefore, “the producers mostly did not send the farm to the market because it was possible that the following week would be worth double and a way to protect themselves meant that little income came in that week.”
80% of meat exports are sent to China
“80% of what meat is produced in Argentina is consumed in the domestic market and there is a prejudice that the best is exported and the worst remains in Argentina,” said the interviewee. “80% of exports are destined for Chinawhich is a market that buys the old cow from us that no longer produces calves and then it is sent to the market,” he added.
The remaining 20% of exports are distributed in 3 other markets
Along the same lines, the president of the Chamber of Industry and Commerce of Meat noted: “The other 20% is distributed between 3 or 4 price markets, the European Union, with the Hilton quota and the 481 quota, where the cuts from the hind quarter are sent, and Israel and the United States where the cuts from the front quarter are sent.” In turn, he stressed that, “these are cuts of animals weighing 480 to 550 kilos, that is, animals that Argentines in general do not like”.
“They are different merchandise for different markets and with different values. Regarding the 7 cuts, we must keep in mind that all that are quotas The export of the 7 cuts was allowed”Schiariti expressed. In closing, he said that, “that means that They are not going to remove 35% of those 7 cuts from the local marketyou have to do the numbers right and It will be 15% that has the possibility of being exported because the meat market is quite strong.”
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