The regulations, published in the Official Gazette at the end of January, is valid until June 30 and among the main changes the reduction stands out In the withholdings for soybeans (grain), which drops from 33% to 26%, and its derivatives, which pass from 31% to 24.5%. Also apply cuts for wheat, barley, corn and sorghum, whose rights decrease from 12% to 9.5%, as well as for sunflower, which is reduced from 7% to 5.5%.
The average volume negotiated per week for the Corn, wheat and soy was 1.98 million tons. This number reflects a 8.5% increase compared to the average of the 10 weeks previous to the measure implemented by the administration of Javier Milei. In the monthly period, the sum of 7.9 million tons.
Also, the Rosario Stock Exchange (BCR) He assured that with the new aliquots, the Industry improved its ability to pay and could offer better prices for merchandise in the local marketwhich motivated an increase in sales.
Pointing by cultivation, the corn presented a growth of 13.6% In the average weekly volume, from 795,000 to 905,000 tons. In that sense, this increase is rooted by the early beginning of the early corn harvest, due to the lack of rain during the month of December.
As for the wheat, suffered a 30% decrease In its marketing, showing a decrease of 460,000 to 320,000. In this case, it is due to the fact that the government measure was taken when the harvest was practically completed in its entirety.
Finally, the soy increased by 32% Weekly this last month compared to the previous 10 weeks, from 575,000 tons to more than 760,000.
Exports: Soy paid more than any other crop
Under this harvest scenario, the records of Sworn statements of foreign sales (DJVE) in exportswhich were almost 7.6 million grains and agroindustrial productshighlighting the soy flourwith a total volume of 2.37 million tons, with practically its entirety with a boarding date in the current campaign, which ends at the end of March.
It is followed by corn, with 2.2 million tons, of which 970,000 were noted for their ship’s short term. The remaining ones will go in March and April, periods corresponding to the following campaign. In addition, they highlight wheat (1.25 million tons), soybean oil (approximately 620,000 tons) and soybeat (330,000 tons).
From these values, a Total of U $ 2,535.5 millionof which 60% correspond to the complex soybecoming the best beneficiary crop after the measure adopted by the Government. Second, flour with US $ 770 million and oil with US $130 million.
Source: Ambito
