The price of beef increased on the local market by 10%, on average, due to the rise of the dollar, revealed the president of the Regional Livestock Union of Sonora (UGRS).
Juan Carlos Ochoa Valenzuela reported that the increases vary between 5 and 15%, according to the product (free range meat, fattening and fine cuts), after having remained at the same level during the time that the US currency remained low against the peso.
It is a very broad market, the cheapest meat oscillates around 200 pesos per kilo or a little less, which is free range meat from 150 to 200 pesos per kilo; fattening meat costs 300 or 400 pesos per kilo and fine cuts of meat are prices above a thousand pesos, but around there,” he indicated.
The dollar exchange rate, he said, has had an impact because meat is priced in dollars and that has caused the value of beef in the state and the country to increase according to the demand for each type.
He pointed out that the State imports a large amount of meat and that helps to keep the cost of food in the local market at a reasonable standard for consumers, in addition to the fact that at present they do not have the capacity to cover the demand that exists.
The rise of the dollar has two effects: Those who export receive more pesos but those who import pay more for the product, depending on the grade where you are. The issue of meat in the market will rise according to the price of the dollar,” he reiterated.
Ochoa Valenzuela added that the sale of cattle in the state has not stopped, mainly of small calves, because ranchers seek to remove the burden of raising cows as a protection measure from the drought.
Source: elimparcial