“The new edition of the soybean dollar is taken by the government to own benefit and they are not in line with what we want producers to have a single exchange rate and receive the international price of the product“, tweeted the owner of one of the entities that make up the Liaison Table.
“We don’t know how this new exchange scheme is going to work, but judging from what happened in September with the operations in the commercial chain between input swaps, field rentals and market prices, we are concerned because the usual live ones appear “, he added.
https://twitter.com/NicolasPinoSRA/status/1596284816219312128
The new edition of the soybean dollar is taken by the government for its own benefit and is not in line with what we producers want, which is a single exchange rate and receiving the international price of the product.
—Nicolas Pino (@NicolasPinoSRA) November 25, 2022
In yesterday’s announcement were represented representatives of the exporters, as the head of the Chamber of the Oil Industry and the Center for Grain Exporters (CIARA-CEC), Gustavo Idigoras, but not members of the Liaison Table. Both in this edition and in the previous one, the Government highlights that this improvement in the perceived exchange rate is applied to soybeans given its low level of internal consumption and its high participation in exports, which means that the higher price paid does not impact on the local market.
In the same sense, the agrarian federationwhich also includes Liaison Tableopined that the program “is not the way to go” and that the multiplicity of exchange rates “attempts against the sector and the economy in general.”
Source: Ambito

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