The government analyzes the widespread increase in retentions to improve incomes



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The government is striving to unify the holdbacks of about 10% for all types of products, but soybeans would reach 30%

The government is striving to unify holdbacks of about 10% for all types of products, but soybeans would reach 30%. It is also studied to eliminate the peso per dollar exported to counter liquefaction suffered from the rise in the exchange rate.

Public and private information confirmed the information provided to Bae Negocios, although they pointed out that the decree is not yet signed.

The strategy of the Ministry headed by Nicolás Dujovne would be to unify different percentages currently applied to all exported products, so that pay a fixed export duty of 10%. This makes that in some cases the percentage is maintained, but in others it is lowered, while others increase.

In addition, the payment for the exported dollar will be completed. depends of course on the exchange rate. This charge was heavily liquidated, an effect that worried the IMF several months ago and was pbaded on to Dujovne.

Meanwhile, soybeans, which today have 18% retention, will rise to 30%. The problem is that this would also apply to by-products: oil and soybean meal. It should be recalled that exports claim a differential when they claim that they manufacture a value-added product.

Although "the decree is not signed", the idea is under discussion in the government. On Monday, the rural presidents will meet the Secretary of Agri-Food, Luis Miguel Etchevehere, at a meeting already planned in advance, but that will measure the reaction of the ground.

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