The Secretary of Agriculture, Juan Jose Bahilogave details this Tuesday regarding the three measures which were announced this week for drive to the field and alleviate the effects of the devaluation and the drought suffered this year by the producerswith the aim of maintaining the production levels.
The objective is “to create conditions that favor those industries, companies, producers that add value, labor and exports,” he said. bahilo in the framework of the presentation of the scope for the agricultural sector of the Program to Strengthen Economic Activity and Incomeordered by the Minister of Economy, Sergio Massa.
Official dollars to buy soybeans
The most relevant measure announced is, without a doubt, the decision to allow, for one month, soybean producers dispose of 25% of the dollars of exports for the purchase of beans for planting abroad, in the country they choose, to be able to replant this year. “Instead of going into Dollarsgo into soy to maintain the activity”, summarized Neme.
What he is referring to is that those Dollars They are going to go outside, instead of going to the Reserves of the Central Bank (BCRA)in order to maintain the productive circle on going. “To hold the level of industrial activity of the soybean chainthe producers will be allowed to dispose of 25% of the foreign exchange to sustain the level of activity and this will allow to maintain the employment and the soy sector exportsBahilo explained.
The producers they will be able to use Dollars by 75% for supply of beans in the local market and the remaining 25% will be able to allocate to buy abroad. “The availability of currency is maintained for its performance in the local and foreign markets in relation to the current quotas,” Bahilo clarified.
Elimination and reduction of withholdings
On the other hand, the official announced that the partial elimination of withholdings to regional economies dedicated to rice, peanuts, tobacco, industrial forestry producers, wine and must, essential oils and orange peel.
As Bahilo explained, what was decided is “Eliminate withholdings for sectors within those items that generate added valuewhereas, for those who receive primary care, some very minor aliquots are left”.
That is to say that, although there is an improvement in terms of withholdings for all the tariff positions of these items, in some cases they are brought to 0% and, in others, they are set at around 2% or 3%. As calculated by the Secretary of Agriculture, this measure “will have a fiscal cost of about US$190 million a year” for the Government.
“The objective is to favor those industries that add value and create labor. If there is no type of added value, the retention It is less, but it is not zero”, he reaffirmed.
fertilization plan
Another of the measures taken is a fertilization plan for wheat and corn. The person who spoke about it was the Secretary of Planning and DevelopmentJorge Nemeand explained that the Government has decided to cooperate with the support to small producers in this sense.
“For this purpose, the problem of drought to the World Bank (WB) and it was resolved to help almost 76,000 producers in total (32,000 of wheat and 44,000 of corn) so that they can comply with their fertilization plan,” the official explained.
It will be dedicated to producers who have planted up to 150 hectares of wheat in the 2022/23 campaign and who have been or are still in an Agricultural Emergency, who will receive up to 5 tons of urea as fertilizer by producer or producer for wheat and corn crops.
Neme thus explained that the program will be implemented through the Ministry of Agriculture. And they will be able to manage the assistance requests through the organization’s website. In total, the investment will be $30 million (US$15 million from the Comprehensive Risk Management program in the Rural Agroindustrial System –GIRSAR-) for this program.
He stressed that we come from a very strong drought, so the bean availability It is a constraint this year for production and that, within this framework, they are thinking of measures all the time to maintain activity in the sector.
Source: Ambito
