The President of the Rural Society Reacted to the Lowering of Export Duties: "Retentions Have to Be Zero"
21 Articles
21 Articles
In a television interview, the head of the entity expressed his views on the recent cut announced by the national government and raised the remaining challenges for the agricultural sector
By Gladys Stagno This Thursday, at the Buenos Aires Stock Exchange, Javier Milei announced a further reduction of retentions for agriculture and advanced that the same path will later reach the automotive, petrochemical and machinery industries. If taken in isolation the measure seems to have a moderate fiscal cost —the first estimates place the immediate impact on the collection of 2026 between US$ 30 and US$ 45 million—, the announcement does…
Canal C Milei announced low retentions, the camp celebrated it and Cordoba appears among the big beneficiaries Walter Giannoni analyzed in the program “What happened?” of Canal C the main economic novelties of the day, with focus on the decrease of retentions announced by the president Javier Milei and the impact that it could have in Córdoba. In matter of exchange, the dollar Banco Nación closed to 1,425 pesos for sale, while the Blue quoted to…
Luis Caputo Gave Details of the Plan of Withdrawal of Retentions to the Agriculture and the Industry
The Minister of Economy, Luis Caputo, headed a press conference this Friday to give details on the plan of reduction of retentions to the agriculture and industry that the president Javier Milei advanced in the Stock Exchange of Cereals of Buenos Aires. The holder of the Palace of Finance was accompanied by the secretary of Productive Coordination, Pablo Lavigne, and the secretary of Agriculture, Livestock and Fisheries, Sergio Iraeta. "From the…
“We didn’t expect it, we always showed the results and they are very receptive in the government, but we didn’t expect it,” said the president of the Argentine Rural Society (SRA), Nicolás Pino, this Friday, about the announcement made a day earlier by President Javier Milei of reduction of export duty aliquots for wheat, barley and soy. The leader remained in the historical claim of the entity he heads: “We aim to have the retentions be zero.” …
The fiscal impact for the current campaign would range from US$30 to US$45 million. Forward, experts warn that the early announcement of the sale for soybean in 2027 could slow down the settlement of foreign exchange in the second half if it is not properly managed.
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