By Yehudit Yahav, ynetnews.com
The prices of frozen and fresh meat in Israel will see a sharp rise soon, following the Argentinean government’s decision to stop exporting meat and the shortage expected worldwide.
According to one of the leading meat suppliers in Israel, Argentina has halted its exports completely in the past two weeks, and containers of frozen meat have been taken off ships and planes in order to divert the meat to the local market and prompt a price reduction.
Argentina itself is experiencing a shortage of high quality meat, which has led to a price hike. The government is trying to cut the exports and keep the meat in the country in order to reduce prices.
Suppliers also report that the price of imported beef has increased in the past few months from about $4,000 per ton to about $5,000 a ton, and thus, there was no other way but to raise retail prices by some 30%.
Argentina is considered the world’s leading meat supplier, but in light of its recent actions importers are being forces to find alternative sources, including Brazil and Uruguay.
The entire world is experiencing a shortage of meat, however, and the prices of processed meat products ? including hamburgers and kebab ? are also expected to rise.
Officials in the retail industry confirmed Sunday that the supermarket chains were in negotiations with local meat suppliers. “All the suppliers want to raise the prices by at least 30%, but the chains will try to convince them to settle for the lowest increase possible,” one of the officials said.
The retailers estimate that the prices will eventually rise by 15-20% in supermarkets and restaurants.
The prices of meat in Israel are relatively high as it is: Frozen faux filet costs $9-12 per kilogram, rib eye steak costs about NIS 60 ($16), and fresh meat costs about $27.
You have no idea what you are talking about. Where should they buy? In a place where meat is more expensive, will the price go down then?
Petroleum is a goverment run industry, nothing to do with meat.
If prices go up stam, the meat plants don’t make more money, they make less. Since people will buy less, of course.
They only make money if they increase their margin, not stam raising the prices.
For you:
http://reason.com/archives/2010/04/29/everyone-prospers-with-free-tr
מחירים של בשר רק עולה ועולה אנשים לא יקנו יותר בשר
y a ver si volvemos a las buenas epocas, y no tenemos que pagar casi $40 el kilo de picada!!
quiero un asadoooooo
always this speculative market makes the prices for us so expensive, the whole reason they were buying in argentina is cause they got better prices there but if uruguay or brazil offered better prices, then argentina would not be an option, that is what they do every year, first they check price, then they decide where to buy this is just an excuse to rise the prices, same think they do with the petroleum