Soybean dollar, insurance against climatic events and regional economies: the definitions of Bahillo

Soybean dollar, insurance against climatic events and regional economies: the definitions of Bahillo

“The sector also needs the development of policies that allow it to serve not only the internal market, but also the external one.. Also a look at the value chain, in which, we understand, each link must have economic sustainability. If the market corrects and gives sustainability to the chain, welcome, but if the market does not correct and appropriates a sector unduly or over the profitability of sustainability which has to have one of the links, we have to be there to correct that situation“, he added.

Regarding the future agenda, he stressed: “For the next 60 or 90 days we have several topics on the agenda: first generate an incentive program for small and medium producers in accordance with what is indicated in article 9 of the decree of the Export Increase Program, as well as for regional economies. We are already working on what would be some of the measures. We are in the evaluation stage.”

“Also, as indicated by Massa, to develop insurance that brings peace of mind and predictability to producers. weather insuranceBecause today the Emergency Law we have is insufficient to provide answers to the problems posed by drought or floods. In addition, moving forward in the creation of the agro-bio-industrial law and with the Federal Agricultural Council (CAF) we are going to start working on a regulatory framework of good agricultural practices, so that there is legislation that is as harmonized and homogeneous as possible.”

consulted by the end of the Export Incentive Programknown as the soybean dollar and with a confirmed end for September 30, explained that there will be a good stock for milling and added: “With this volume of merchandise, in October it is possible, in some way, to restrict supply and, given the restriction, the question of the market comes into play, hence the price that would again be between $50,000 and $55,000 per ton, but if necessary it could be a little more”.

The program reached this week to exceed the goal of US $ 5,000 million sold and reached this Friday the US $ 6,000 million.

On new measures for other sectors that demanded a regime similar to that applied for soybeansremarked: “What we are doing from the Undersecretariat for Regional Economies is a analysis economy by economy, taking the 15 largest scale and analyze together with them and with provincial officials, what would be the measures that would improve competitivenessthat do not necessarily have to go through an improvement in the exchange rate, because the improvement in the exchange rate had to do with what soybeans are, because they have 33% withholdings and because it does not impact local prices.”

About him counterpoint of the Ministry of Economy with the Central Bank due to the restrictions on those who settled through the soybean dollar to access the legal exchange market, he stressed: “What I said I already said and I’m not going to change it. My role is to work to persuade and convince that some decision that I understandat least for the responsibility that I haveis not the most suitable and try to convince and persuade those who have another responsibility, such as that of the Central Bank, which understands that the measure is timely for monetary policies, but I understand that it is not timely in terms of production”.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts