The president of the Argentine Federation of Regional Meat Processing Industries (FIFRA), Daniel Urcía, emphasized in a radio interview the contrast between the situation of cattle production and that of the meatpacking industry. “There are good prices today for almost all categories; looking to the future, it’s not the same to operate with 200% inflation as it is to move toward a more normal country: productive activity begins to yield returns rather than just financial activity. That’s good news because it boosts future supply,” he commented regarding the current livestock environment compared to what was happening a bit more than a year ago.
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