Home » Health » The Impact of Increased Bovine Slaughter on Beef Prices and Production in Argentina

The Impact of Increased Bovine Slaughter on Beef Prices and Production in Argentina

There are several factors that affect the price of beef remains behind inflation: not only is it a demand that does not yield to increases in the context of a constant loss of purchasing power, but it is also influenced by a gigantic offer that is poured into the market every day.

The drought accelerated the departure of animals from the fields and their confinement in feedlots, and this also moved to a “rain” from the treasury to the refrigerators which led to a production of meat that flooded butcher shops and supermarkets.

BOVINE WORK IN ARGENTINA

In his monthly slaughter report, the Consortium of Argentine Meat Exporters ABC confirmed what he had anticipated Rosario cattle market (Rosgan)about a 13% increase in bovine slaughter in the first semester of the year.

According to the Consortium, in total between January and June 7.32 million specimens were slaughtered, 12.7% or 800,000 more than the 6.5 million in the first half of 2022.

Thus, the final production of bovine meat was located at 1.66 million tons of bone-in beef equivalent so far this year, 10.6% above of the 1.5 million in the same period last year.

The year-on-year rise is less than that of slaughter, because the weight of the half carcass, as a consequence of the drought, was reduced from 230.6 kilos a year ago to 226.2 today.

With the largest slaughter of steers and heifers in 20 years, the weight of the half beef falls sharply

With everything, there are 158,400 tons more in six months; that is, 158.4 million kilos more produced by Argentine refrigerators.

If it is discounted around 30% destined for exportmeans some 110 million extra kilos for the domestic marketat a rate of 2.4 kilos more for each inhabitant of the country.

2023-07-12 15:01:02
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