“On Friday the 30th, the export promotion program that we started on the 5th with all sectors of the Argentine agribusiness chain will end,” said the Minister of Economy on social networks.
“Very Important Success”
In another tweet, he considered that “So far it has been a very important success both for the economic mobilization of our production as well as for the contribution to Argentine reserves and the global food security agenda.”
In addition, the minister announced that until Friday the 30th at three in the afternoon, operations can be carried out according to slate values. “Then, only the administrative procedures of said operations can be completed,” he explained.
“We want to thank the support and work of the field to this measure throughout these weeks and invite them to work the remaining 5 days with the same commitment, transparency and professionalism,” he added.
Finally, the official anticipated that they will carry out a final balance next Friday at 7:00 p.m. “to tell Argentine society the results.”
End of the soybean dollar
Regarding the impact of the measure, which began on September 5, Until last Friday, the sector had liquidated US$6,000 million and the producers had sold more than 11.5 million tons.
With regard to agricultural policy, efforts will be made to articulate promotion and assistance measures for the sectors most affected by the jump in the dollar, such as the regional economies.
So far, according to official data, there were 52 agricultural companies that sold soybeans and had access to differential prices in the local market that ranged between $68,000 and $71,000.
Source: Ambito
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