The wheat trust was launched with a transfer of funds of more than $1,000 million

The wheat trust was launched with a transfer of funds of more than ,000 million

This trust, whose objective is to decouple the value of wheat and the effects of the war between Russia and Ukraine, was signed on April 8 between the trust sector of the Bank for Investment and Foreign Trade (BICE) (as administrator) and the Secretary of Domestic Trade (as enforcement authority).

According to what was reported by the ministry, to date it still receives requests for inclusion in the trust from several mills located throughout the country, in addition to those already registered.

This Fund is financed through the collection of the differential of 2% of the Export Duties for soybean meal and oil (it went from 31% to 33%).

The prices contemplated (without taxes or logistics costs) will be:

25 kilo bag:

000 common flour: $1,200.

0000 common flour: $1,440.

Flour 000 quality 24/26 gluten: $1,320.

Flour 000 quality 26/28 gluten: $1,440.

000 quality flour + 28 gluten: $1,560.

Tapera flour: $1,560.

Semolin: $1,560.

Conditioned and special flours (English): $1800.

Premixes, wholemeal flours: $1,800.

Bulk (ton)

000 common flour: $47,100.

0000 common flour: $56,520.

Flour 000 quality 24/26 gluten: up to $51,810.

Flour 000 quality 26/28 gluten: up to $56,520.

000 quality flour + 28 gluten: up to $61,230.

Tapera flour: $61,230

Semolin: $61,230.

Conditioned and special flours (English): up to $70,650.

Premixes, wholemeal flours: up to $70,650.

Logistics costs by region must be added to the above prices, which will be as follows:

Province of Buenos Aires: 3.50%.

CABA: 3.50%.

Center, Whose and Coast: 5.50%.

AEL and NOA: 7%.

Patagonia: 8%.

Source: Ambito

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