The Government announced zero retentions without quota for poultry and bovine meats until October 31

The Government announced zero retentions without quota for poultry and bovine meats until October 31

The Government announced that zero withholdings will continue for the export of poultry and bovine meats, until October 31, as indicated by Decree 682 last Monday. This was announced by the presidential spokesman, Manuel Adorni, this morning through his own X’s account. In addition, he explained that This time there will be no quota, as if it occurred with grain settlement which already ended when completing US $ 7,000 million.

This happens, After discomfort in agricultural producers After the Customs Collection and Control Agency (ARCA) confirmed that the cap of US $ 7,000 million was reached. This implied the immediate decline of the option of registering new affidavits of foreign sales (DJVE) under the benefit.

In practice, as of this Thursday, Exporting companies must re -pay the export rights aliquots that governed before the measure.

The return to the previous scheme implies that each product will re -pay the following percentages:

The complaint of the producers for the benefit “a few”

The president of the Argentine Rural Society (MRS), Nicolás Pino, also highlighted in the nation that registrations were made in a “unpublished” way of the affidavits.

The silver was going to join, but What attracts attention is the speed with which he joined. Not the amount itself, because it was going to get together for sure because the grains were. There are grains held by producers, there are grains in the grocers and there are grains in export. So, was the money to come together? Yes, sure. It is striking that it has gathered in 48 hours and where the large largest of the balance that was missing that it was almost $ 4,000 million yesterday was in three hours, ” described.

This speed generated discomfort in the sector, by the number of producers who were left out of being able to present the affidavits and thus enter the benefit. Throughout the morning, several demonstrated against social networks, for the benefit to which a few could access.

However, Juan Manuel Uberti, Grassi runner market analysthe held to Scope That producers’ anger is “partially true.” “The improvement of the removal of retentions was not all at prices linearly, but you have to understand that it is a chain. What was previously taken the state now the exporter remains and passes to the producer, because prices improved. It is true that the main improvement was seen on Monday and Tuesday, then the one that sold there, the one who took the latest had a better price.”

According to data from Fyothe most benefited were Bunge, LCD, Cofco, Viterra and Cargillwith Affidavit statements abroad (DJVE) that exceeded 2 million of tons in the case of the first two firms, while the remaining three presented sworn statements which ranged between 1.8 and 1.3 million tons.

The podium completed it Molinos, AGD, CHS, AMAGGI, ACA and ADMwith levels less than one million tons declared to export.

Divided by product, There were DJVE of soybean bearing for 2.69 million tons, flour for 4.72 million tons and oil for 905,110 tons. Among the three products there are the majority of the total shipments informed so far that they will not pay export rights.

In the second place in the DJVE registration ranking Wheat was located with 1.77 million tonsof which 890,000 correspond to the new harvest with shipments scheduled for December this year.

Source: Ambito

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