Rural Groups Urge Meeting with Central Bank President over Credit Costs and Import Risks in Agriculture

After three months of silence, the liaison table renews its demand for extension of rule increasing producer credit costs

Rural entities have again called for a meeting with the president of the Central Bank (BCRA) to discuss concerns about rising credit costs for producers and the risks posed by food imports. The request came after a recent meeting between leaders of various rural organizations who expressed frustration at the lack of response to their previous requests made three months ago. They specifically requested an extension of the rule that increases interest rates for wheat and soybean producers with more than 5% stocks, given the upcoming credit needs for the next campaign.

In addition to their concerns about credit costs, rural groups warned about the potential impact of announced food import facilities on local producers. They emphasized that domestic producers face unequal conditions due to high taxes and inflation, particularly in regional economies with unique cost structures. The group also criticized excessive tax increases and fees imposed by different levels of government, calling on legislators to consider the impact of these measures on producers and the overall economy.

The statement from the liaison table also raised concerns about the high cost of the Foot and Mouth Disease Vaccination Campaign compared to neighboring countries. They pledged to raise this issue with control organizations and conduct a consultation within their entities to gather more details on vaccine costs. The group emphasized that many producers are facing a critical situation and called for urgent fiscal measures, including a reduction in export duties to stimulate production and boost economic growth.

Overall, rural entities have expressed a sense of urgency in addressing challenges facing producers and the agricultural sector. They highlighted the need for collaboration between all levels of government as well as proactive measures to support local production and ensure its sustainability.

Rural entities have again called for a meeting with the president of the Central Bank (BCRA) to discuss concerns about rising credit costs for producers and the risks posed by food imports. The request came after a recent meeting between leaders of various rural organizations who expressed frustration at the lack of response to their…

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