Argentina's "anything-but-Libertarian exchange controls..." IMF meets in BsAs

FrankPintor said:
The usual laws of supply and demand are suspended, in other words?

On the other hand, why is domestic production falling? When other agricultural domestic production has increased by 20% or so?
Click to expand...
Yes and no...The wholsale price is determined by material input and labor costs. The retail price fluctuates with supply and demand.

Rising input and labor costs have put the wholesale price of beef above what the retail market can bear. Retailers will order less beef, because nobody is buying.

Wholesalers will in turn cut cattle heads, and layoff slaughterhouse staff.

The Argentine meat consumer doesn't determine the price of feed or fertilizer or labor costs or the quantity of rainfall.
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
L Going back to the US soon. Anything I should know about my computer? Expat Life 2
G Anything like honey baked ham in Argentina? Expat Life 0
MilHojas Marta Minujín: I was born an artist I can't do anything else! Articles 0
B Anyone ever had anything posted from the UK? Expat Life 7
MilHojas With 58% Inflation, Nobody in Argentina Knows the Price of Anything Articles 0
Similar threads
Going back to the US soon. Anything I should know about my computer?
Anything like honey baked ham in Argentina?
Marta Minujín: I was born an artist I can't do anything else!
Anyone ever had anything posted from the UK?
With 58% Inflation, Nobody in Argentina Knows the Price of Anything
Back
Top