However, it was clarified that the extension “will not be applicable to those Affidavits of Sale Abroad that were registered after the entry into force of this measure, nor for the DJVE that are registered with a validity period of 30 days”.
The Secretariat in charge of Juan Jose Bahillo explained that the decision was made “as a consequence of the great drought that affects the entire territory of the Argentine Republic” and since corn is a product that is highly affected by this climatic condition, “it is necessary to adopt concrete measures for the purposes of contain the consequences that they could cause and their implications in the scenario of agricultural exports”.
“In order to ensure the normal supply of the internal market” and in view of the projection of corn for the 21/22 campaign, “It is evident that a substantially lower production is expected, consequently it is necessary to adopt concrete measures in order to minimize the consequences.”
The Government stressed that it is an “extraordinary and exceptional situation” but insisted that it is “necessary” to promote the care of all the agents involved in the grain trade chain.
“Faced with this scenario, it is understood as essential that in order to strict reasons of opportunity, merit and/or convenience, the Affidavits of Foreign Sales with expiration of the declared shipping period, plus the automatic extension, be granted during the months of December 2022, January and February 2023, an Exceptional Automatic Extension of 180 calendar days”, for corn.
Source: Ambito
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