“For this reason, on the first day new grains were sold for close to one million tons. And that is an interesting fact, because last week the daily average did not exceed one hundred thousand tons,” the businessman pointed out.
According to Aracre, the massive sale of the oilseed as a result of the Government’s decision to offer a dollar at $200 for soy producers, “allows us to infer from the point of view of the result -which is to increase reserves and speed up sales- that the measure It is a success and it will generate foreign currency above the US$5,000 million estimated by the Ministry of Economy”.
Speaking to the Rivadavia radio program “Esta Mañana”, the executive clarified: “Those who are in the business world have no political ideology, they make decisions based on what they need economically. For this reason, many of those who are going to sell soybeans during September do not do it out of love for the government, but because it is a measure that benefits them.”
In addition, he considered that with the soybean dollar, the Minister of the Economy, Sergio Massa, “is testing different technical tools” and said: “This exchange rate of US$200 is a small and very subtle unfolding for a sector that is already working “.
For this reason, he proposed that later “this split could be incorporated into luxury goods or expenses with cards abroad, which should probably be quoted for the MEP dollar.”
“It would be to create a free market that floats and pass through all those things that have the least possible impact on the inflationary process. That would be an interesting message for the market, to which it would be said: we are gradually deactivating this annoying trap” , he concluded.
Source: Ambito
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