Argentina: The peanut complex requests the total elimination of withholdings

The Argentine peanut sector is an important regional economy that exports products with high added value, generating income of 1,000 million dollars per year. Likewise, Argentina is a leading country in global markets, being the world's leading exporter of this grain. Faced with the extreme drought that affects all productive regions, peanuts, a summer crop, do not escape the impact of this extraordinary situation. Therefore, a 13% reduction in the planted area of the crop is expected for this cycle. In addition to the lower area projected, other factors are added that make reality: a significant increase in production costs and rental values that have doubled their prices in the last three years. But the great concern of our agro-industrial chain, now, is focused on international markets since, under current conditions, Argentina is losing competitiveness, beyond the very high quality of its products, efficient service and the reputation of exporters. In this way, in the most ...