More precisely, according to the communication sent by the Ministry of Agriculture to exporters, From now on, only “operations duly supported with their physical purchases and with nominated ships with an estimated date of arrival will be accepted.”
It is that in practice and while in the sector it was rumored with an imminent closure of shipments and even with a rise in withholdings, exporters scored more than 2 million tons in a few days. Even, the tacit quota was completed five months before the culmination of the commercial cycle, stipulated for next February 28.
In this way, the Government seeks not to deplete the domestic market while waiting for the next season’s cereal to enter and which has a strategic role in animal feed, but without harming the specific businesses of the export sector.
As explained by the Ministry of Agriculture, for the last part of the year it is intended to order and monitor shipments abroad of corn in depth, after logically complying with the tacit quota, agreed with exporters at the beginning of the agricultural season of a total of 38.56 million tons.
While, As detailed by the sector, the government measure will not only serve to ensure supply in the domestic market but also to decouple prices from the high values that exports are paying. Is that if exporters find limitations in shipments, the demand will remain in the hands of domestic consumption which basically translates into the fattening of poultry, pigs, feedlot meat, etc.
It is not the first time that the Government has used this tool. In December of last year, it also limited cereal shipments for a time, in a scenario practically traced to that of this year. What earned him various criticisms of the export sector and even an agricultural strike organized by the Mesa de Enlace.
The truth is that far from seeking a confrontation in the Government they emphasize that the focus is on taking care of the supply of the domestic market in a context, in addition, corn shipments are at record levels.
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