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September 28, 2022
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Producers will invest about US$ 20 billion in grains

The sale of soybeans does not stop and is close to 10 million tons

The Secretary of Agriculture, Livestock and Fisheries, Juan José Bahillo.

The Secretary of Agriculture, Livestock and Fisheries, Juan José Bahillo, highlighted this Wednesday “the decision of the producers of invest approximately US$ 20,000 million” in the thick campaign 2022/2023,

Bahillo spoke at the opening of the launching ceremony of the 2022/2023 coarse grain campaign (soy, corn, sorghum and sunflower) by the Buenos Aires Cereal Exchange.

After reviewing the effects of the armed conflict in terms of the uncertainty that “significantly harms the quality of life and production costs,” the official pointed out that producers “have the responsibility to invest heavily in planting and harvesting crops “.

“To that we have to add the complex scenario of the drought”he indicated, to add: “we have come with two years of significant water stress and the outlook in the short and medium term is not very favorable.”

In this context, Bahillo highlighted “the decision of the producers to invest”, and pointed out that this The investment will be “approximately US$ 20,000 million” for the campaign that is about to start.

“Producers are going to bury an important sum among seeds, fertilizers, agrochemicals, tillage, leases, and harvesting and marketing expenses that are not always valued,” he remarked.

Bahillo spoke at the opening of the launch event for the 20222023 coarse grains campaign
Bahillo spoke at the opening of the launch event for the 2022/2023 campaign for coarse grains.

The secretary indicated that the government is working to “provide predictability and give producers some peace of mind,” and in this regard he valued the Export Increase Program, which is about to end “with very good numbers.”

For its part, the president of the host entity, José Martins, criticized politics in general and asked that “please, listen to those who know about the subject”.

“The sector does not need subsidies or perks, but rather clear and predictable rules, sustainable over time, and a gradual reduction in the tax burden,” he assured.

In this regard, he pointed out that the entity, as part of the Argentine Agroindustrial Council (CAA), has been promoting “a law in that sense”, in reference to the Agroindustrial Development initiative, and that “what a paradox, the ruling party and the opposition agree , but the law still does not see the light”.



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