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Location: Home > NEWS > Guatemalan cattlemen: not responsible for beef price hikes

Guatemalan cattlemen: not responsible for beef price hikes

发布时间:2022.05.11

Guatemalan cattlemen: not responsible for beef price hikesFor more information on export to China, please call SINOLOBEN, service Email: sinoloben@sloben.coms

危地马拉养牛人:不对牛肉涨价负任何责任


Recently, meat retailers in several markets in Guatemala collectively protested against the continued increase in beef prices, and said that cattle farms continue to raise the price of live cattle is the root cause of beef price increases. In response, the cattlemen denied it.
 
Bloomberg reported on May 9, the Guatemalan Cattlemen's Federation (Fegaguate) President Leonel Castañeda (Leonel Casta?eda) told the media that in the past four years, the price of live cattle has remained between 6 and 7 quetzales per pound, while the price of finishing-fed cattle has been between 9.4 and 9.5 quetzales per pound, cattlemen do not need to Be responsible for any increase in the price of beef.
 
In addition, Castaneda pointed out that the meat retailers' claim that they "will switch to importing beef from Argentina or other South American countries" is not very feasible, because a government resolution issued in 1949 clearly states that imported meat needs to be subject to strict quarantine and treatment in order to prevent foot-and-mouth disease, which the Guatemalan Ministry of Agriculture (MAGA) currently does not have the capacity to do. MAGA does not yet have the capacity to do so.
 
Regarding the retailers' argument that "the authorities exported live cattle to Mexico, resulting in an oversupply of beef in the domestic market," Castaneda countered that the number of live cattle in Guatemala is more than 2.2 million, yet the annual export volume is even less than 10,000, which does not affect the supply and demand of beef.
 
For his part, individual rancher José María Vera recalled to the media that beef price increases are cyclical and that a similar situation occurred four years ago. In order to save costs, a few years ago the meat retailer wanted to buy directly from the cattle ranch, however, due to its lack of financial means, this was not possible.
 
Vera stressed that "stigmatizing" cattle farmers in their own country, while contributing to meat exports from other countries, is unjustified and creates new conflicts.

Consulting service for China's imports & exports, please contact us.

Ms. Linda Li
0086(0)21 3538 3306
sinoloben@thecustoms.com.cn


As food importer & food distributor based in Frankfurt and Shanghai, Sinoloben Europa Trading GmbH helps client export to China and bring your food products to International Expo, e.g. China International Import Ex


            

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