price beef In December it reached the second highest value Past 60 yearsAfter assessing the rise in consumer finance prices in the last quarter Miguel Gorelic, Director Kwik Food Marfrig, One of the largest refrigerators in the country.
Gorelik explained that the height largely reflects the constant Internal assimilation, In recent years, for external values, and argued that the increase is also “the result of the brutal decline in.” Stock (cattle), Since the end of 2009. “
In an analysis published this week on the portal. “Meat valueGuided by Gorelik himself, the businessman points out, “The explanation for this estimate is double standard International Meat Values ”.
According to Gorelik, adjusted for inflation Real price for guidance It falls behind those recorded in December 2015, before the change of government, and close to the peak of November 2010, “when the livestock shortage was compounded by the massive liquidation in 2008-2009”.
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the facts
expert Kwik Food (A company controlled by the Brazilian company Marfrig) assessed the occurrence of “inflationary processes, international demand and obstacles to exports to contain sales at the table”.
Gorillic It thus confirms the evolution of the feather price from the traditional driving index, established at the time by the National Meat Board, and which for several decades had been an inevitable variable to obtain a comparison pattern.
Before “Multiple difficulties“To update the routing index, Gorelik explains that he has chosen to use a long string routing index total price, “It is the consensus of professionals dedicated to statistics and economics.”
In this way he came to the conclusion that this indicator which was considered the year 1960 with a base rate of 100, at the end of 2020 was about 280 points.
According to Gorelik, although beef prices fluctuated sharply during this period, the big jump “occurred between the middle of the first and second decades of this century.”
That was because “ The secession of Russia As a huge buyer, the value equation between countries that are vaccinated against FMD and those that do not. “
Later, he said, this market was replaced by China, which has strengthened that estimate to this day.
The manager of Kwik Food said that international prices “have been absorbed in Argentina, despite all the obstacles (export rights, export permits, exchange rate gap and long etc.) that prevailed most of the time.”
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In this context, Gorelik noted, Brazil also (without regulations in the cattle market) recorded its highest price for routing in fixed currency last November, according to records of the past 25 years.
Finally, he cautioned that the price curve shown would reflect a “very good position over the past decade,” but did not explain, for example, why It cannot be recovered Most stocks were lost 10 years ago, and why not enough invested to improve the poor productivity rates shown by our cattle ranch. ”
