After the completion of the soybean dollar 3, The exporters took stock of what was the third edition of the differential exchange rate for soybeans, which in this latest edition also added other grains and products within the cereal-oilseed complex, where they were included soy, sorghum, feed barley and sunflower.
CIARA-CEC, chaired by Gustavo Idigoras, reiterated its position “work on the unification of the exchange rate and that these regimes do not promote normal market conditions”. Although the soybean dollar 3 began to take effect on April 10, the companies did not begin to operate with this regime until Friday, April 14, when the central bank (BCRA) published some “clarifications” on the accounts dollar linked that the exporters had to open, a process that took a few days.
through the Decree 194/23the Government reinstated the soybean dollar 3 and exporters had to carry out soybean, sorghum, barley and sunflower purchase operations up to and including May 31.
soybean dollar results 3
According to the report of CIARA-CEC, the total accumulated currency in the soybean dollar 3 until June 5where soy ends, reached a total of US$5,127 million and passed the second edition of the Program, which had raised $3.036 million despite the drought. Meanwhile, it failed to overcome the soybean dollar 1 that liquidated US$7.580 million.
While, producer operations was 8.3 million tons (tn.) Approximately, when in previous editions, the soybean dollar 2 added 5.3 million tons. and 1 was 13 million tons. approximately.
In turn, the record of export shipments for 2023 and 2024, affidavits of sale abroad, reached 6.9 million tons, of which Soybean flour it carried 77%, 5.4 million tons; he soy oil reached 13%, 887,690 tons; Meanwhile he soybean added 11%, 662,271 tons., according to the balance.
In addition, under this program they were marketed in barley (657,992 tons.), sunflower (1,164,348 tons) and sorghum (111,480 tons). While, the income of foreign exchange of these three grains It is open until August 31but not the producer sales that ended on May 31.
Source: Ambito
