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November 1, 2014
Monday, August 25, 2014

Costa says meat, milk exports 'not closed'

File photo of Domestic Trade Secretary Augusto Costa.

Domestic Trade Secretary Augusto Costa said that milk and meat exports “are not closed” and questioned those who “aim at creating uncertainty” over the economy by not recognizing that basic foods prices “are falling since January.”

“In the first semester of the year a there was a 12% increase in milk exports and 6% for meat interanually and at prices a 45% higher,” Costa stressed. “Many things are being said that are lies or distorsions,” the official said and accused newspapers of seeking “to create uncertainty and to discourage.”

“Many political candidates and opposition leaders are trying to install that there is a pricing downturn and that is to deceive the people because that is not what is happening,” he said.

Costa said he is working working with business leaders on an exports scheme to reduce “speculation in the price change of live cattle.” He pointed out that the government seeks an equilibrium between “reasonable prices” and “stock” in the domestic market and the possibility to “export surplus.”

Last week the federal government moved to restrict beef exports for a 15-day period seeking to stem the rise of prices in the domestic market. The decision was confirmed by Cabinet Chief Jorge Capitanich and sparked criticism by business leaders in the sector with some voices saying the strategy will have “no positive effects.”

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Tags:  Costa  meat  milk  exports  price  Argentina  





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