Argentina: Diego Cifarelli acknowledged that the millers are working on a plan for added value to wheat

The wheat campaign that will begin in the coming weeks will be the first purely libertarian one. However, the rules of the game will remain practically the same because the withholdings for this grain remain in force, and that is where one of the main challenges of the sector lies: maintaining international competitiveness. “Things didn't change at all. Regarding withholdings, we come from a campaign where the milling industry sustained prices almost only because exports did not push as they did not have markets. Far from what is sometimes said, the milling industry maintained really important prices that made it possible to pay almost the full price without retention,” Diego Cifarelli, president of the Argentine Federation of the Milling Industry (FAIM), told Bichos de Campo. See the full note here: And although the drought that the previous campaign went through is behind us, with estimates that show that there will be enough wheat, for Cifarell the challenge now will be to see ...