Cost of meat in Caracas increases nearly 700% in one month

[GatoGordo]

The kilo of meat in Caracas increased by 675.5%
President of Invelecar, Carlos Albornoz, states that the shortage of meat in the country is 85%

translated from Spanish


Let them eat empanada

Caracas .- In 675.5% the price of a kilo of meat in Caracas was increased according to a tour of El Universal by several butchers in the center of Caracas, and in the municipal markets of Quinta Crespo and Catia whose counters in most looked empty.

The managers of the businesses explained that they had many limitations to sell the product and without receiving merchandise from the distributors and wholesalers for more than 15 days and in others since the one that the National Executive decreed on September 6 the regulation of the prices of bovine meat to 90 sovereign bolivars the first cuts and to Bs.S 85 the third ones.

In some stores, with limited quantities, the first cuts: black pulp, goose, chocozuela, square or round boy, rear point and solomo de cuerito prices vary between 600 and 698 sovereign bolivars, which represents 675.5% increase in relation to the price regulated by the Government of 90 sovereign bolivars per kilo.

As for the second meat only red bone is obtained that is very used for soup to 300 sovereign bolivars per kilo, while the other varieties such as palette, skirts and cuts of beef are scarce.

While most of the stores in the center of Caracas and in the municipal markets of Quinta Crespo and Catia the butchers presented their empty refrigerators, in the streets of the city there were some stalls selling meat "without any sanitary control". part of the government authorities.

85% shortage
Carlos Albornoz, president of the Venezuelan Institute of Milk and Meat (Invelecar), denounced that the National Executive is demanding 60% of the herd to supply the large centers of consumption.

He explained that Apure, Barinas, Guárico and Zulia are the states most affected by the government measure at the time he denounced "the controls" in Cojedes, Yaracuy and Portuguesa, which he described as a form "of nationalization of livestock production in the country" .

The business leader said that the situation in those states, plus the interventions in Bolivar and Monagas "are the causes of the shortage of meat in the country," which is located, he said, at 85%.

-snip-

http://www.eluniversal.com/economia/24681/el-kilo-de-carne-en-caracas-se-incremento-en-6755

This is exactly what Maduro et al. said wasn't going to happen... AFTER THEY CONFISCATED 60% OF THE CATTLE RANCHES LAST MONTH UNDER THE GUISE OF "BENEVOLENT BOLIVARIAN SOCIALISM".

What could be the downside of taking 60% of the cattle to placate your starving voters and NOT REPLACING THEM?

[DetlefK]

1. Why Venezuela's collapse is inevitable:

A country sustains itself by using its ressources (natural ressources, factories, workers, ideas) to create added-value. And this added-value is then consumed. You DO NOT consume that which creates this added-value.

You only consume the surplus, the interest.



Venezuela no longer creates added-value. It is consuming that which creates added-value.

Confiscating factories, confiscating food from vendors, confiscating cattle from farmers, confiscating foreign currency that citizens send into the country... Educated people are emigrating en masse...

None of this is sustainable. Maduro is pillaging a finite pool of ressources.
Sooner or later, Venezuela will run out of factories to nationalize.
They will run out of vendors to force into bankruptcy with artificial prices.
Farmers won't be able to breed cattle if the cattle has all been eaten.
People will stop transfering money into Venezuela and instead smuggle.
Without teachers, who will educate Venezuela's next generation of engineers and entrepreneurs and doctors?

[GatoGordo]

2. Maduro approves the nationalization of all slaughterhouses

Asogata denounced that intervention of slaughterhouses will bankrupt meat producers
TalCual Published November 8, 2018



On Thursday, November 7, the president of the Livestock Association of Táchira state (Asogata), Leonardo Figueroa, denounced that the decision to intervene in public and private slaughterhouses in the main meat producing states of the country will bankrupt the primary producers of the nation.

He said that the country's meat production will be in danger because in addition to the recent measure, producers must face the economic crisis and the Government's intention to take away "30% and 40% of production to pay when they want at prices of losses, calculated two months ago. "

In his opinion, the measure will also negatively impact the consumer. In this regard, he asserted that "meat does not reach the large consumption centers, taking into account that they also want to manage the marketing chain and do not allow private companies to do so, as has normally been done".

Figueroa warned in an interview to Union Radio that the outlook will worsen because in December and January is the summer season and there will be droughts in some states of the country, which could exacerbate the drop in production "if this cocktail is added to these measures, the most affected will be the consumer, "he said.