The opening of the traditional exhibition of the Argentine Rural Society finds the field through serious income problems as they agree to point out different sector studies. Groups believes calculate that With the retention of 33% currently in force, 80% of the area sown with soybeans this campaign yields a negative profitability.
This civil association warns about the consequences of this tax pressure by pointing out that The economic viability of soybean cultivation in the 2025/26 cycle, strongly affected by the export rights on the bean, “would promote a fall in the sowing area of the oleaginous 11.3% with respect to the 2024/25 cycle.” In absolute values, More than 2 million hectares are at risk.
It is a worrying panorama for the Argentine agriculture, he believes, marked by a low profitability and a cost and income structure that compromises the viability of production.
According to the CREA agricultural radar, 64% of the second/soybean crops of second project operational losses, and only 23% would reach neutral results, even under normal surrenders.
The organization remarked that the situation is not explained by climatic factors, but by deep structural problems, such as the persistence of export rights. They are considered a distortive tax that punishes investment, reduces productive incentives and especially penalizes the regions farthest from the ports.
Costs
Other opinions emphasize the rise in costs. Thus, a study by the agricultural and producer engineer Matías Jáuregui He calculates that in 2015 with greater retentions to current ones both in wheat (23% at that time against 9.5% today) and in soybeans (35% versus 33%), “We had a three times greater profitability with the Government of Cristina (Fernández) than the estimated for this year with the Government of (Javier) Mileitaking the same yield for the two years. ”
In this regard, this producer of the Tandil area points out that, in the last 10 years, The landowners increased the 20 % rental, the multinational companies vendors of inputs rose on average their inputs by 70 % and the large oil companies increased the price of diesel, more expensive freight and work.
Discomfort
After a temporary suspension aimed at increasing currency settlement, the increase in withholdings from the current month redoubled the discomfort among the producers.
It should be remembered that for almost 4 months the retention was reduced to 26% in the case of soybeans, while corn, wheat and barley went from 12 to 9.5% and sunflower from 7 to 5.5%. Today only wheat and barley keep the reduction.
The return to the previous levels of retention causes An average reduction of 11 to 12% in profitability in the core zone and up to 74% outside the Pampas regionaccording to a study by the Mediterranean Foundation.
Sector calculations show that, in the first half of the year, the State received more than 3.3 billion dollars in retentions, with an increase of 25% in relation to the same period of 2024.
The field is one of the sectors that most contributes to the revenue of the Treasury. The State takes 62% of the value generated by soybeans and 50% in the case of wheataccording to the Agricultural Foundation for Development.
Meanwhile, there is still a lot of grain to sell. 63% of the 24/25 soy harvest, with a volume estimated at 31.5 million tons, are priceless and are pending sales by producers. From the previous harvest is 17 % without selling, 8.4 million tons, according to the June agroindustrial monitor that the Oil Industry Chamber of the Argentine Republic elaborates.
Source: Ambito
