The organization led by Carlos Castagneto detected irregularities in a grain collection facility located in the town of Hernando, in the south of the province.
The operation was carried out within the framework of Operative Grains 2022, with the collaboration of the Police of the province of Córdoba.
How much soybean was liquidated in the first week of the soybean dollar II?
The first week of validity of the new edition of the Export Increase Program (PIE) concluded with the commercialization of more than 1.7 million tons of soybeans, and the purchase of foreign currency from the Central Bank (BCRA) for US$ 457 million in its purpose to swell the reserves.
In this way, the first five days of the second implementation of the so-called “soybean dollar” concluded, which establishes a differential exchange rate of $230 per dollar for the soybean complex until December 31, in which until yesterday at 7:00 p.m. the sale of 1,724,056 tons had been registered.
That is why the price of a ton of soybeans moved during the week in a range that went from $82,000 to $85,000 a ton in the local market, which boosted the volume of business in the stock markets and ports.
On this occasion, the volume sold by the producers was markedly above the daily sales of the weeks prior to the validity of the PIE, whose average ranged between 60,000 and 70,000 tons, but below the results obtained in the first week of the “soybean dollar” of September.
In fact, the Rosario Stock Exchange (BCR) made a comparison between the first four days of both periods, in which, during the September program, sales reached 3.16 million tons, while between the last three days of November and the first of December the volume was 1.57 million tons.
However, this decrease was to be expected, since during the September edition, which established an exchange rate of $200 per dollar, the volume of soybeans in the hands of producers exceeded 20 million tons and currently the retention is around 11 million tons.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
