“The publication of the decree in the Official bulletin confirms that the implementation of these announcements is a benefit for the Government and the industry, not guaranteeing anything to the producers,” the entity said.
The Government reestablished this Tuesday “in an extraordinary and transitory way” the Export Increase Program (PIE) for soybeans, with the possibility that exporters have free availability of 25% of the currencies they settle.
“We continue to wait for measures that benefit comprehensive manner to the entire sector and not for the benefit of some and the detriment of others”, complained the Rural Society, in a statement.
In addition, he insisted that the Argentine economy “needs to have a unique of the exchange rate, without restrictions or export rights”. In this framework, the business entity demanded that the market “become normal, because it has been paralyzed for a week and producers need to have reference prices“.
As analyzed by the fyo specialist and professor and researcher at the Center for Agribusiness and Food of the Austral University, Dante Romano, for the values of last week, the account would yield a average exchange rate of $455 per dollar. However, there are complementary resolutions to come out. In this sense, uncertainty about the market remains.
Soybean dollar 4: what the agro-exporters said
In the same line, CIARA CEC reported that the provisions it contains indicate that we are not facing a typical program exporter Like the previous versions, that is why we want to highlight that each company will decide individually if it enters the scheme and how it will operate.
Each exporter will make that decision based on your grinding needs and/or grinding schedule. soybean export and soybean by-products of Argentine origin. For this reason, CIARA CEC decided not to issue analyzes or data. We take this opportunity to reiterate that as an industry we believe that the best policy is the exchange unification and the elimination of all kinds of restrictions so that we can really be an agro-exporting country that thinks of the integral benefit and of each one of the sectors that make up a great chain.
Think and execute an inclusive and federal export policy, in addition to generating higher foreign exchange earnings and more employment, will allow us to consolidate Argentina as a leader in the international trade of food, biodiesel and technology.
Source: Ambito
