“We are going to postpone part of the shipments to extend contracts and, in addition, the producer who fails to comply with these contracts will not be executed. This measure also will allow us to sustain the necessary volume for the domestic market“, indicated Massa at the closing of a meeting with industry officials from all over the country at the CCK.
The regulations grant a Exceptional Automatic Extension of 360 days runs at Sworn Declarations of Sale Abroad (DJVE) for wheat whose period of shipment was understood between next December 1 and February 28, 2023.
The resolution underlines that this extraordinary extension It will not apply to declarations registered later to this period.
Likewise, as a result of the granting of this extension, the possibility of an extraordinary extension is excluded of 30 days granted by the usual system of affidavits.
The normative empowers the Undersecretary of Agricultural Markets to dictate”complementary and explanatory regulations that are necessary” to implement the measure as well as the future adjustments that are essential to maintain the operation.
The extension responds to a producer’s request: days ago, the Secretary of AgricultureJuan Jose Bahillo, He announced that the export sector had asked the Government to “authorize an extension on shipments.”
Following the presentation of a report on the drought made by Agriculture technicians and the National Institute of Agricultural Technology (INTA) last week, the official said it is a “Issue that we see feasible, since it is a measure that can help the planning of the output of the cereal and simultaneously contemplate the supply of the internal market”.
The preamble to the resolution states that in the wheat projections for the 22/23 campaign, “it is evident that a substantially lower production is expected” and that “Faced with the extraordinary and exceptional situation, it is considered necessary to promote the care of all agents involved in the grain trade chain”.
“Since bread wheat is the product most affected by this climatic condition, it is necessary to adopt concrete measures in order to contain the consequences that could cause and its implications in the scenario of agricultural export“, adds the text.
According to Agriculture estimates, a wheat production of 16 million tons is expected, compared to the 22 million obtained last season.
Nevertheless, private entities see an even bigger drop of cereal production due to drought and late frosts.
Source: Ambito
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