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Controls force beef, dairy, meat prices up 38 percent

15 February 2007

VENEZUELA - MarĂ­a Cristina Iglesias, Minister of Light Industries and Trade confirmed this week that the price controls on meat are to remain in force.

This is despite prices increasing by an average of 38 percent for throughout the whole meat production chain, including cattle-raisings and warehouses.

Price increases will be implemented for whole chicken, chicken legs and breasts, as well as eggs and powder milk.

Poultry and eggs are to soar 45.3 percent in average compared to their previous price, while milk prices jumped 5.6 percent.   New prices are effective as of Wednesday.



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