Producers who did not enter the soybean dollar will receive compensation

Producers who did not enter the soybean dollar will receive compensation

According to the lists attached to the resolution, 6,814 small and medium producers They will receive compensation, which averages $803,645.21 for each producer for a total of $5,293,611,000.

The purpose is to compensate small and medium producers who could not access the “soybean dollar” for having marketed their production prior to its implementation.

Soybean dollar: this is how the program works

It should be remembered that the program, launched in mid-November, allocates $15,000 million to subsidize up to $6,500 per hectare of declared soybeans and up to $20,000 for corn.

The purpose is to compensate small and medium producers who could not access the soybean dollar for having marketed their production prior to its implementation.

After submitting the list of applicants to the Federal Administration of Public Revenues (AFIP)the tax entity returned to Agriculture the list and information of each producer to verify that they meet the requirements, including being registered in the Simplified Agricultural Information System (SISA) and having declared in it that, for the campaign 2021/2022, they had a soybean cultivation area of ​​no more than 400 hectares, or up to 100 hectares, in the case of corn.

Similarly, they could not have performed soybean sales between September 5 and 30period in which the first edition of the Export Increase Program, also known as the soybean dollar, governed.

Source: Ambito

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