The price of meat remained stable during July

The prices of beef cuts registered stable values in July 2022 compared to the previous month. In relation to the same month last year they showed an increase of 59.6%, according to a report by the Institute for the Promotion of Argentine Beef (IPCVA). In July, beef remained with slight increases of 1% in the points of sale that serve in neighborhoods of high socioeconomic level, in medium socioeconomic sectors they remained stable, (0%); and in those that meet the socioeconomic level low, prices fell slightly by 0.6%, the document says.

In the Federal Capital, the western and southern areas of the GBA, there were slight falls in prices; while there were slight increases in the northern part of the GBA.
Likewise, the entity specified that in July the average price of the kilo of roast fell 0.5% compared to June, reaching in the case of the quad and buttocks to -0.9% and -0.3% monthly, respectively. On the other hand, the meat of steers showed slight falls in their prices (-0.2%) in relation to the previous month, and the meat of heifers and calves showed a slight increase, which resulted in a (+0.4%), compared to June. Meanwhile, the common minced meat registered an increase of 1.2% monthly in its price and the value of the shoulder did the same in 0.6%.

There were moderate increases in the price of fresh chicken with a variation of 4.3% in the month of July compared to June, and the price of pork breast showed significant increases in the same period, advancing by 7.9% compared to the previous month. Therefore, chicken increased its price by 85.8% and pork by 65.8%, compared to the values of July 2021.Finally, the report indicates that the average consumption of beef per inhabitant was equivalent to 46.9 kg / year, which was 0.3% lower than twelve months ago and 9.1% lower than that of July 2019.

Original source in Spanish