“We do not know if this is a maneuver by some sector of the chain to lower prices, or if it is a mistake. We believe that these types of actions or rumors are not good, because on the distrust that the producer already lives for the decisions of this government, a rarefied climate is generated, “he said in dialogue with CNN Radio.
“It is a moment where we must provide greater clarity in expectations and not seek any type of interventionist measure because that produces uncertainty,” Chemes said.
The Minister of Agriculture, Julián Domínguez, for his part, he remarked that “corn exports are open”, and stressed that “Argentina is going to export a historical record of 38.5 million tons“in the next campaign.
“There is no limitation or stocks on the export of corn, when Argentina reached an export record,” said the Undersecretariat of Agricultural Markets in a statement. There he stressed that “the rural producer must have full certainty that he is the base of this value chain and that at no time will he act with any measure that harms him.”
In addition, he remarked that “Argentina is heading to export a historic volume of corn, higher than any previous one, with a record production of 60.5 million tons, of which 38.5 million are exported.”
Thus he specified that “exports are open”, and explained that “the portfolio decided to prioritize the Affidavits of Foreign Sales (DJVE) reliably backed by physical purchases and with ships nominated with a certain date “.
In this regard, he indicated that “this decision has no implications in the futures markets, since it only applies to the current commercial season,” and pointed out that “this applies only to corn for the 2020/2021 season.”
Instead, he stated that “the registrations of the 2021/2022 campaign continue in a conventional manner”, and specified that “DJVE has already been registered for 6.12 million tons.”
“We recall that the corn cycle runs from March of one year -when the harvest begins- to February of the next. 38.5 million tons, “Agriculture pointed out, indicating that” in total, nine companies export 96% of this record, with individual volumes ranging from 1.5 million to 5.9 million tons. “
“Finally, for this 2021/2022 campaign that is starting, the Ministry’s planting estimates foresee an intention that will exceed 10 million hectares“, concluded the minister.
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