they expand meat export quota and would launch recharged soybean dollar

they expand meat export quota and would launch recharged soybean dollar

The background is that the negotiations initiated by the economic team led by Sergio Massa with the technicians of the Liaison Table did not come to fruition for the time being. Among the requests from the countryside was first the total liberalization of meat shipments and concrete measures aimed at safeguarding regional economies damaged by the increase in costs in dollars. Meanwhile, the gaze of the ruling party is clearly set on the slow sale of soybeans for the 2022 campaign and its impact on foreign exchange earnings.

The so-called soybean dollar expires this week and, as Ámbito was able to find out, the mechanism would be extended in September but with important changes as a basis: that is, not only would the procedure be simplified, but the value of the dollar to which the producer had access would also rise. when selling their harvest. Some US$3.1 billion would enter in August, well below the BCRA estimate that expected more than US$4.5 billion. That is why, after Massa took office, his Secretary of Agriculture, Juan José Bahillo, began to weave networks with the highest leaders of the rural leadership to find an agreement that would lead producers to sell more soybeans in the coming weeks. and before the wheat harvest arrives next December.

“For weeks we have been saying that the relationship between the field and the Government is broken, that is why concrete actions and measures are needed that are for the benefit of the producers to be able to face the coarse grain campaign with clear and fair rules. If the producer invests, the field develops and the country’s economy benefits. The soybean sales scheme proposed by the Central Bank failed, that is why we ask for a new scheme that is easy to implement and that the values ​​are those that a producer receives anywhere in the world. In Argentina, one third of the international price is charged, the other third corresponds to export duties and the other is taken by the difference in the exchange rate. These weeks from the Government have generated greater uncertainty and a very strong retraction in the commercialization of the product”, detailed the president of the Rural Society, Nicolás Pino.

The claims of the field are concrete, that is why concrete announcements are expected this week and the soybean dollar will be the protagonist.

Source: Ambito

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