After three months of silence, liaison table reiterates demand for extension of rule increasing credit costs for producers

The rural leaders have once again approached the Central Bank of Argentina (BCRA) for a meeting with their president, Santiago Bausili, to discuss the rising cost of credit to producers and the potential risks posed by food imports. This request was made after a recent meeting between the presidents of rural entities who expressed their frustration with the lack of response to their previous requests, particularly regarding the extension of rules affecting wheat and soybean producers.

In addition to this, they raised concerns about excessive tax increases and new fees imposed across the country, which have added to the already high tax burden faced by producers. They called on national, provincial, and municipal legislators to reconsider these policies and prioritize measures that support production and economic growth.

The liaison table also emphasized the urgent need for fiscal measures to alleviate financial strain on producers and promote a more favorable environment for agricultural activities. Furthermore, they expressed concern over the high cost of foot and mouth disease vaccines at the start of the vaccination campaign. They announced a consultation period within their entities to gather feedback on vaccine costs while collaborating with relevant organizations to determine specific details influencing vaccine prices.

By Aiden Johnson

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