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Due to export restrictions, they warn that the meat and cattle chain lost more than US $ 1 billion

2021-08-30T16:14:06.024Z


The producers were the most affected by the government's measure. 08/30/2021 12:03 PM Clarín.com Rural Updated 08/30/2021 12:04 The Institute of Economic Studies of the Argentine Rural Society released a report in which it determined that the cattle and meat chain accumulated losses of US $ 1,084 million due to the variables that had influenced since the national government launched a series on April 15 of measures and resolutions to intervene in said market.


08/30/2021 12:03 PM

  • Clarín.com

  • Rural

Updated 08/30/2021 12:04

The Institute of Economic Studies of the Argentine Rural Society released a report in which it determined that the cattle and meat chain accumulated losses of US $ 1,084 million due to the variables that had influenced since the national government launched a series on April 15 of measures and resolutions to intervene in said market.

Within the links of the chain,

the producers assumed the largest amount with US $ 411 million

, while in the refrigerators the losses reached US $ 165 million, the operators had a reduction in their remuneration of US $ 59 million .

Due to a fall in the multiplier effect of primary activity, 209 million were lost and finally, U $ S 240 million unrealized exports.


In this regard, the president of the entity,

Nicolás Pino

, affirmed that “we lost the producers, the workers, the refrigeration entrepreneurs, the consignees, the suppliers of inputs and services, among other links in the chain.

It is not understood why to keep the export quoted if it impoverishes us all

”.

The term stipulated in decree 408/2021 expires this Tuesday and there is expectation about what the Government will decide: if it extends the measure - until the end of the year, as contemplated in Article 2 of the measure published in the Official Gazette. on June 22-, if he leaves it without effect or makes it more flexible.

"If the government manages to extend the current export system, the president will not only have not kept his word, but he will also make the country lose more than 8 million dollars per day that he decides to maintain it," concluded Pino.


Loss of each link

Regarding the fall in livestock activity between April and August 2021, the US $ 411 million is broken down into the

lower real value of the farm sold

during the period, which amounts to US $ 202 million, due to the maintenance of the animals in Stock

added higher costs of feeding, health and care

, for a subtotal of 80 million, the

financial cost

of keeping these same animals in the stock another US $ 92 million and the

losses due to lower quality and mortality

reach US $ 37 million, associated with the prolongation of the planned cycle.

For their part, the

meat processing

industries lost income due to the

poor integration of the average

generated by the export ban of the 7 cuts and the quantity and price agreement carried out between the industry and the government, and that between both they added a loss of 165 million. Workers, meanwhile, stopped earning US $ 59 million attributable to

shift changes and less overtime

.

Regarding the losses generated due to the multiplier effect of the activity, due to the

postponement of the sales

of the period, the related activities of the chain, such as slaughter of animals, wholesale businesses, business and professional services, banks and agricultural services and commerce retailer, stopped generating economic activity worth US $ 209 million.

Exports not carried out in this period due to the partial or total closure reach US $ 240 million, in addition to the

bad image of the product

generated by the lack of compliance with trade agreements.

It is worth mentioning that this work only measured the impact it had on the private sector and not the fiscal effect that those dollars could have generated in municipal, provincial and national taxes.



Look also

O mais grande do mundo: The video that shows how Brazil beats Argentina in meat exports

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Source: clarin

All news articles on 2021-08-30

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