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October 23, 2014
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'Gov't can intervene if beef prices don't decline'

Cabinet Chief Jorge Capitanich holds his daily press conference at the Casa Rosada presidential palace in Buenos Aires City.

Only if beef prices drop then talks with the sector will be positive, the head of ministers affirmed and warned the government could play its "intervention" role in order to guarantee people’s "access" to basic goods.

Following yesterday’s meeting with beef brokers, Cabinet Chief Jorge Capitanich explained an agreement between the federal government and the sector stopped a raise in meat prices this month. Still, the minister considered that talks’ results “will be positive as long as we can coordinate a drop in the prices of beef that reach consumers.”

“If the state frees exports without a drop in beef prices in the domestic market, then it will have to make use of its regulatory role,” Capitanich insisted during his daily press conference at the government house today.

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Tags:  Jorge Capitanich  cabinet chief  beef  prices  





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