Will the price of meat go down? This is what the refrigerators say – Companies – Economy

Will the price of meat go down?  This is what the refrigerators say – Companies – Economy

Will he go down or not? beef price In colombia? The different refrigerators in the country do not agree. While Asofricol said a few days ago that it could drop by 15 percent, others like Friogán and Frigosinú say that such a reduction would not be possible.

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According to Álvaro Urrea, president of Asofricolwhich represents industrialists in the meat sector, there are various factors at the national and international level that would support this announcement, such as the start of the cattle harvest season or the rains that regenerated the pastures.

“We are responding to the invitation of Mr. President gustavo petro and drawing the attention of the actors in this chain because there are conditions to achieve this price reduction,” he said.

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The price of meat products in Colombia depends 90 percent on the price of cattle.

Instead, Carlos Roberto Patiño, legal representative of frioganHe sent him a letter in which he says that he is misinforming public opinion and that the price reductions would only affect 20 percent of the refrigerators that they represent and not the entire market.

“The general public is misinformed and is led to consider that these measures cover the entire meat market in the country, which significantly affects the proper functioning and reputation of those companies that do not consider these types of measures appropriate,” he said. Patino.

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Some refrigerators say yes and others no.

Photo:

William Gonzalez. WEATHER Archive

Additionally, he says that “false elements” are incorporated into his statements and that they lack an appropriate analysis of the dynamics and elements with which the meat price in the country.

He explains that the price of meat products in Colombia depends 90 percent on the price of cattle and only 4 percent on the cost of the services provided by the meat processing plants.

“As is natural, in this price/market structure, a reduction in the prices of the services that we provide to the refrigerators does little or nothing to do or affect the price of meat,” says Patiño.

For his part, Santiago Turizo, Manager of Frigosinúsurely such a reduction in the price of meat would not be possible and that even they are currently facing a reduction in the volume of their processes of more than 50 percent.

By Mitchell G. Patton

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