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News Wire / economy

Colombian Cattlemen Forecast 60% Price Hikes

Blu Radio Colombia Barranquilla 16d Impact 5
The North Coast Cattlemen's Association warned of potential price increases for milk and dairy products due to the El Niño phenomenon. Executive Director Jorge Rodríguez stated that prices could increase by approximately 50-60% in the second half of the year. The warning follows forecasts regarding weather patterns affecting livestock and production. Authorities are being urged to take preventative measures to avoid economic devastation. The association is calling for immediate measures to mitigate the impact on the Caribbean region. Failure to act could lead to a year for the sector.

Topics

agriculture inflation climate

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Sources · 7 independent

Blu Radio Colombia

“El director ejecutivo Jorge Rodríguez advierte que de no tomarse medidas en este momento puede ser un año devastador. Vamos a tener un incremento en los precios de ventas públicos, que la leche y sus derivados la creemos que puede estar aumentando aproximadamente en un 50-60%.”

Blu Radio Colombia

“Vamos a tener un incremento en los precios de ventas públicos, que la leche y sus derivados la creemos que puede estar aumentando aproximadamente en un 50-60%”

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