Within the framework of the program Fair Pricesthe Secretary of Commerce, Matias Tombolinitogether with representatives of the Argentine Federation of the Bread and Related Industry (FAIPA) and the Chamber of Industrialists bakers of the Autonomous City of Buenos Aires (CIPC) signed this Friday an agreement that establishes a maximum value for the kilo of bread.
French bread will have a maximum price per kilo of up to $680 until September 30 and $715 for all of October in bakeries across the country. “We need to give clear signals to society and that is why it is essential to strengthen the tools we have and comply with the agreements. In addition to giving predictability to the Argentine tablethis commitment is also very important because it is the best way to bring the wheat trust tool into existence”, highlighted Tombolini during the signing of the agreement.
Participate in this agreement More than 5,000 bakeries from all over the country that must mark their premises with Fair Prices signage to identify who participates in the program. The measure also has the support of the mills that are part of the Wheat Trust (FETA) and that supply bakeries, while the Ministry of Commerce will monitor compliance with the agreement.
This understanding guarantees the supply of a kilo of French bread at agreed prices throughout the national territory while reinforcing the operation of the Wheat Trust (FETA) that offsets the cost of the 000 bag of flour that mills sell to bakeries. In this sense, the price of the ton of wheat flour subsidized by FETA continues 40% below the market price of said product. In addition, the interannual variation in the price of flour compensated by FETA was 81.2%, while the general increase in prices was 113.4% interannual in July. Within this framework, the president of FAIPA, Miguel Di Beta, highlighted the accompaniment of the mills and pointed out that “the objective is to work together because it is what all Argentines need.”
For his part, the president of CIPCJose Alvarezremarked: “We have been working on the agreement for more than a month and This is the result of the effort of the mills and the State through the trust. We are encouraging all industrial bakers to buy this subsidized flour and mills to supply more bakeries throughout the country”.
The undersecretary of Policies for the Internal Market, Gustavo Faskowicz; the vice president of FAIPA, Jose Hernandez; the Director of Corporate Affairs of Molino Cañuelas, Rafael Rodriguez Roda; the representative of Molinos Florencia and Executive Director of Molinos Cañuelas, Daniel Ercoli; and the representative of Lagomarsino SA, John Louis Bust. The representative of Molinos Marimbo participated virtually Juan Luis Martin and the representative of San Salvador Hugo Marcos Ovejero.