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they expanded the list of products that will receive a dollar to $300

they expanded the list of products that will receive a dollar to $300

The Ministry of Agriculture expanded this Tuesday the list of products that can liquidate their exports through the agricultural dollar and established new conditions so that they can participate in the differential exchange rate.

Ignacio Petunchi

The Ministry of Agriculture expanded this Tuesday the list of products that can liquidate their exports through the agricultural dollar and established new conditions for them to participate in the differential exchange rate.

He agro dollar offers $300 for each currency obtained from the exports of a series of agricultural products. In the first instance, it was implemented only on soybeans and later it included products such as rice, peanuts, and tea, among others. The latter, when participating in the domestic market, must comply with participation requirements such as local supply within the framework of the Fair Prices program, as well as comply with the established price limits.

In resolution 156/2023, the Secretariat under the Ministry of Economy announced the inclusion of the sorghum, feed barley, sunflower and their products, among them the sunflower oil, within the agricultural dollar scheme.

The regulation also establishes export volumes, or quotas to be met to control the marketing of these productions and not affect their participation in the foreign market, particularly in products of the basic basket, such as oil.

“The volumes of balance of the campaign 22/23 for meet the demand of the Argentine market corresponding to the aforementioned products of agricultural origin”, the regulations clarified.

In this sense, it establishes the following volumes per product:

  • For Sorghum, the Balance Volume is set at nine hundred and fifty thousand tons (950,000 t).
  • For feed barley, the Balance Volume is set at two million tons (2,000,000 t).

to the complex sunflowerthe Equilibrium Volumes are set at:

  • Sunflower Seed: one hundred forty-five thousand tons (145,000 t).
  • Sunflower Oil: one million one hundred thousand tons (1,100,000 t).
  • Sunflower Meal: one million one hundred and fifty thousand tons (1,150,000 t).

In addition, the resolution establishes that in order to guarantee the internal supply of sunflower oilexporters must maintain the price agreements and volumes committed to with the Secretary of Commerce.

Source: Ambito

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