New agreement on meat prices: how much will the kilo of the seven pieces of barbecue cost?

The government has announced a new deal on meat prices, under the fair price scheme, with fixed values ​​until March 31 for seven cuts. Formally, the “Global Program for the Promotion of Meat Production and Consumption”.

Thus, according to official data, the following prices per kilo can be obtained from this Monday: empty, $1,351; bedroom, $1,310; skirt, $675; roast cover, $1,035; buttock, $1,375; and pallet, 1,113 pesos.

The sale will be made daily in supermarkets and hypermarkets (nucleated in ASU, CAS and FASA) and refrigerator butchers. After March 31, the cuts will have a pattern of 3.2% until June 30. “From the agreement, the price at which supermarkets sold the pieces was lowered by an average of 35%,” the authorities said.

“I had to act”summed up the Secretary of Commerce Matias Tombolini, and acknowledged that the negotiation had been “rough”. “The agreement will be signed by hand and with the CUIT number,” the official said.

The measure was announced a day before INDEC releases inflation data for the first month of 2023 and its aim is to “promote drought-affected beef production, as well as bank marketing of sales and access to consumers at affordable prices and with a predictable price trajectory”.

“This will increase the volume of meat from the previous Cortes Cuidados program where the maximum volume did not reach 6,000 tonnes/month. From now on, the monthly commercial supply will be 15,000 tonnes,” official sources said.

In addition, the refund of purchases with bank and non-bank debit cards of 10% of the total purchase has been announced, which will be credited in 48 hours with a refund limit of $2,000 per calendar month, which is equivalent to monthly purchases of $20,000 in small butcher shops.

The measure is aimed at companies registered with the AFIP on the date of entry into force of the program. Includes butchers, convenience stores and businesses registered for VAT as MiPyme, but not hypermarkets and supermarket chains.

Benefits for butchers and breeders were also announced.

Payment of AFIP tax obligations due until 31/12/2023 will be postponed. For butchers subject to the Simplified Regime for small taxpayers, it will be 90 days from the payment of the integrated tax component. For responsible butchers subject to VAT, deferral of payment for 90 days of the balance of the corresponding VAT certificate.

On the other hand, the suspension until the end of this year of the total exclusion from the simplified regime for small taxpayers and/or of the automatic deregistration, and of the exemption or exemption from gross income in the province of Buenos Aires (for one year) was announced. .

BNA Commerce account is offered for butcher shops, 100% discount for 12 months so butcher shops can charge with debit and credit cards. And Banco Nación will offer a 35% promotion to neighborhood businesses on Saturdays for purchases with a physical credit card and Banco Nación debit card and also applies to payments via BNA+ MODE by scanning QR, with a limit of reimbursement of $3,000 per transaction.

In addition, Banco Nación will offer a line of loans up to 3 months of sale with a maximum of 5 million pesos for working capital.

As for cattle breeders, the processing of hides for marketing in the local market and for export will be modified and, due to the drought, they will be able to access subsidies of up to 40% of the food needed for finishing feedlot animals. The latter, according to the Government, will allow “to have a better alternative for finishing and fattening and also to recover the physical condition of the mother cows. An income of 180,000 animals per month is estimated, bringing in around 5,000 new producers”.

Each producer may enroll up to 100 animals in the program, which may only be intended for domestic consumption. The program provides for a duration of 4 months with a fiscal cost of 14.900 million dollars.

This morning, Tombolini had anticipated the new measures.

“January has a seasonality due to the weight of the services post during these months, which is more in tourism and leisure. The issue concerns the framework of the roadmap set by the Minister Sergio Massa six months ago,” Tombolini said in statements to Urbana Play radio.

“Filling the fiscal gap and monetary financing of the deficit, issuing less and accumulating reserves and, as one of the complementary tools, price programs that cannot exist in a vacuum. It is a price program that tries to operate on inflation expectations but based on the reduction of the fiscal gap and the accumulation of reserves”, he underlined.

Then, the official pointed out that the weight of meat on the Argentine table is very strong and that the rise has a strong impact on inflation, due to the weight it has in the foods measured by INDEC. “There is an open process to advance measures that allow us to equalize this impact. There has been a delay in meat prices but we are not going to allow abuse either. It is true that the price of meat has increased by 62.4% in 2022 (lower than inflation). But in 2021 it had risen 10 points above inflation, 18 points above in 2020 and 8 points above in 2019,” he recalled.

“In the long cycle, the increase in meat was greater than that in food and drink. There is a series of negotiations that will be announced shortly. A set of measures that the Minister of the Economy will announce to be able to operate on the pocket in butcher shops and also a striking measure on the Care Cuts program ”.

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