That is why the agro-exporters and stockpiles must go to the available market to offer much more than $80,000 per ton, the initial price that the Government had mentioned as a minimum. Meanwhile, if the previous edition of the soybean dollar is taken into account, during the first weeks of September the merchandise priced up to $75,000 but as the days went by it fell to just under $70,000 a ton.
In short, the producers who were able to save grain today are doing very good business in a context in which international prices are also rising due to fears of a possible crop cut in South America as a result of the drought.
Of course, the increase in available merchandise is good news for the producer, but it is not so good news for those actors in the chain that use the grain or its by-products for animal feed. That is why the Government, more precisely the Secretary of Agriculture, is advancing with a plan to grant compensation of between $20,000 and $25,000 per ton of soybeans to grain extruder companies that then sell the feed to protein converters.a. In this way, they ensure that the rise in the price of soybeans in the domestic market does not affect the production costs of key products such as beef, pork or chicken.
From the sector they indicate that it would be a total of $25,000 million that the Government must disburse to carry out these compensations that would begin to apply in the coming days and logically until the soybean dollar continues to be in force.
Meanwhile, another action that the Secretary of Agriculture confirmed on Tuesday is the implementation of financing of $2.5 billion to assist the eleven provinces that suffered from frost.
In this sense, the Agricultural Emergency Fund will be executed for a total of $1,500 million to accompany the affected producers of La Pampa, Río Negro, Neuquén, Mendoza, San Juan, La Rioja, Catamarca, Tucumán, Salta, Jujuy and Santa Cruz. Likewise, Fondagro will make available to these provinces a line of credit for $1,000 million at a rate of 0%, so that small producers allocate to investments and working capital. It will have a maximum of $900,000 per producer or producer, and will have a term of 30 months, with an 18-month grace period.
One of the focuses of Massa’s management at the head of Economy, together with Bahillo in Agriculture, is clearly focused on assisting the most vulnerable groups in the countryside while obtaining foreign currency from the agro-exporters.
Source: Ambito
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