Oilseed industry in Bolivia secures soybean flour supply despite blockades

Published Oct 28, 2024

Tridge summary

The President of Bolivia's National Chamber of Oilseed Industries, Jorge Amantegui, has refuted claims by the Association of Poultry Farmers of Santa Cruz (ADA) of a solvent soy flour supply shortage, asserting that oilseed industries are consistently meeting domestic demand despite challenges such as reduced soybean grain supplies and export limitations. He also addressed concerns over potential diversion of solvent soybean flour to the black market, which is reportedly influencing the prices in neighboring Peru. Amantegui highlighted the government's fair allocation of quotas and emphasized the sector's resilience amidst adversities, but also emphasized the need to resolve blockades to ensure the smooth export of soy by-products and to stabilize the national economy.

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Original content

CANIOB denies lack of supply and points to diversions to the black market; on the other hand, they pointed out that the blockades limit exports and affect foreign exchange earnings for the country The president of the National Chamber of Oilseed Industries of Bolivia (CANIOB), Jorge Amantegui, recently denied the statements issued by the Association of Poultry Farmers of Santa Cruz (ADA), who had indicated that the industry was not supplying solvent soy flour to producers. Amantegui said that the oilseed industries continue to supply this product to the domestic market regularly and without interruptions. “Despite the decrease of 800,000 tons of soybean grain in the current campaign, the fact that there has been grain exportation and that the sellers of agricultural inputs are charging in grain, the oilseed industries have complied with the milling and supply to the domestic market, which is being carried out regularly,” said Amantegui, who explained that, despite the adversities, ...

Source: Publiagro