This Monday at 15, at the headquarters of the Agriculture portfolio, an meeting between officials and referents of the agriculture will be completed.
Government officials and agricultural representatives will hold a meeting this Monday at 15 at the Headquarters of Agriculture. Although the formal reason for the meeting with the link table will be to coordinate issues related to INTAfrom the rural sector they also indicate that the thorny theme of the withholdings.
During the weekend, the discomfort of the field was not appeased. The temporary elimination of the withholdings for export of grains and meats – which was in force just a few hours – was subject to criticism, since it favored mainly the large exporting companies.
From the government they still did not confirm which officials will sit at the official table. Although the official axis of the dialogue will be the INTA, Agro sources say they will insist so that the debate on export rights is on the table.
Retentions: The discomfort of agricultural producers
A few days ago, the Government decided to eliminate withholdings until October 31 -or until the 7,000 million dollars were reached in liquidations. That amount was quickly covered by cereals such as LDC, Bunge, Agd, Cofco, Molinos and Viterra. Then, the retentions scheme was imposed again.
For AVE (Argentine Rural Confederations), this maneuver was a “negotiated” financial nature: a play to get urgent dollars and “cover a fire” exchange, but that left the producer with the feeling of having been deceived. His vice president, Javier Rotondo, was overwhelming: “He was mockery … the producer felt disappointed.”
A senator from Buenos Aires, Maximiliano AbadHe said that what was presented as a gesture towards the field ended up being a concession for cereals: “A measure that favored large exporters to the detriment of the State and producers.”
Norberto Yauharformer Minister of Agriculture, went further: he said that this action was “a resounding slaughter for production”, which only benefited a small group of companies. For him, the speed with which cereals liquidated dollars shows that the operation was planned in advance.
Source: Ambito
