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Bolivian government to prevent beef speculation

Bolivian government to prevent beef speculation

La Paz, Sep 28 (Prensa Latina) The State will prevent beef price speculations that affect the pockets of Bolivian families, Vice Minister of Industrial Production at Medium and Large Scale, Luis Siles, said on Wednesday.

There is no reason to increase beef price, the vice minister told the state channel Bolivia TV.

He said that the country annually produces more than 292,000 tons of this product, of which the national market consumes around 268,000, so there is a surplus of more or less 23,000 tons.

He specified that of these, the State authorizes the export of 16,000 tons, that is, 5.4 percent of the total production.

In the case of exports, the State is the one that has obtained the external market and also regulates it (…); exports cannot be that one reason to raise the price of meat, he argued.

Regarding an alleged lack of control at auction centers, he added that the Ministry of Productive Development and Plural Economy created a regulation for the control of this type of establishments.

Additionally, he stressed, the National Agricultural Health and Food Safety Service inspected these centers and even closed those that did not comply with sanitary conditions.


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