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Dollar farming: Improved exchange rate announced for 21 regional economies, but acknowledge they have yet to include assets

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The government has published the list of regional economies entering the agricultural dollar and which will have a change of 300 dollars. It was made official today, with resolution 138/2023, together with the requirements for regional economies to join the official programme.

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In total, as I anticipated clarion Friday there are 21 regional economies, which include the sectors of wine, olive trees, beekeeping, fishing, forestry and wool, as well as the production of legumes, garlic, tea, peanuts, tobacco, lemons, fruit-cherries , plums, and blueberries – And special products intended almost exclusively for the foreign market, such as popcorn, confectionary sunflower and ecological, organic or organic products.

In this sense, the companies of the regional economies that intend to join the Export Increase Program must they exported at some point in the immediately preceding 18 months upon entry into force of the Decree, maintain or increase the number of registered jobs during the duration of the program, supply the local market with goods and respect the price agreements for the local market established in this regard by the Ministry of Commerce of the Ministry of Economy.

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Chambers of regional economies that have joined the agricultural dollar have voiced their support for the measure. “We want to continue working to arrive at more and better possible solutions that will lead the country to continue to be a reference point for peanut cultivation in the world,” said Diego Yabes, vice president of the Argentine Chamber of Peanuts.

The president of the Argentine Wine Corporation (COVIAR), Mario González, said that “this decision was more than important. I don’t remember a specific measure for regional economies in recent years. Our business requires a sale, it’s not a commodity, it’s a monthly sale that takes place throughout the year and the truth is that they will give us the opportunity to achieve that competitiveness that we have been losing lately”.

However, there has also been criticism of the exclusion of various products. “They only gave room to the agricultural dollar for 660 tariff positions out of the 8,500 that exist. It is 9.6% of the products of regional economies,” she stressed. Pablo Vernengo, Executive Director of the Regional Economy at the Argentine Confederation of Medium Enterprises (CAME). “Lack of sweet citrus fruits, rice, cotton, pears and apples“, He added.

In any case, they make it clear from the government More products from the regional economies will be incorporated into the program in the coming weeks.

“We believe that the farm dollar, as it is implemented, is designed in a collection system, that it is difficult for the producer to receive the benefits. The producer is not the exporter. Exporters, except integrated ones, are generally packing sheds, warehouses and storage,” he acknowledged.

The director of La Came, who announced that they will meet the government on Tuesday, also noted that in some businesses the production and sales cycle is already closed, such as the blueberry. “Plus, it’s imported,” he added.

Source: Clarin

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