Maize export permits extended for 180 days in Argentina

Published 2023년 3월 9일

Tridge summary

Argentina's Ministry of Agriculture has extended the deadline for grain corn shipments by 180 days due to drought conditions, impacting corn with a declared shipping period from March 1 to July 31. This extension prevents the possibility of a further 30-day extension under regular affidavits and aims to mitigate the drought's effects on grain and by-product exports. The measure is designed to protect the domestic market while maintaining operations for the foreign market. The extension will not apply to statements registered after the announcement.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Agriculture, Livestock and Fisheries of Argentina ordered the granting of an exceptional extension for 180 days for shipments of grain corn, with the aim of alleviating the inconveniences caused by the drought. Resolution 78/2023 published in the Official Gazette by the SAGyP grants an Exceptional Automatic Extension of 180 calendar days to Affidavits of Sale Abroad (DJVE) for corn whose expiration of the declared shipping period, plus the automatic extension, was scheduled for the period between March 1 and July 31. In mid-December, Agriculture took the same measure for corn whose maturity was scheduled for that month, January and February. As a result of the granting of this extension, the possibility of an extraordinary extension of 30 days granted by the usual system of affidavits is excluded. The provision is based on the "possible derivatives in the field of grain and by-product exports" of the drought that affects the country, and responds to a presentation ...

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