After three months of silence, the liaison table renews its demand for extension of rule increasing producer credit costs
Economy

Rural Organizations Urge Government to Ease Credit Costs, Alert on Food Import Risks and Address Unequal Taxation as They Call for Collaboration and Sustainable Agriculture

The rural liaison table recently sent a request to the president of the Central Bank (BCRA) to discuss concerns about rising credit costs for producers and the risks posed by food imports. This demand came after a meeting between leaders of various rural organizations who expressed frustration over their previous requests made three months ago. They specifically urged for an extension of the rule that increases interest rates for wheat and soybean producers with more than 5% of stocks, given their upcoming credit needs for the next campaign.

During this meeting, ruralists also warned about potential effects on local producers due to announced facilities for food imports. They stressed how domestic producers face unequal conditions due to high taxes and inflation in regional economies with unique cost structures. Additionally, they criticized excessive tax increases and fees imposed by different levels of government, urging legislators to consider these measures’ impact on producers and the overall economy.

The liaison table also raised concerns about the high cost of the Foot and Mouth Disease Vaccination Campaign compared to neighboring countries. They pledged to raise this issue with control organizations and conduct a consultation within their entities to gather more details on vaccine costs. The group emphasized that many producers were facing a critical situation, calling for urgent fiscal measures such as reducing export duties to stimulate production and boost economic growth.

Overall, rural entities conveyed a sense of urgency in addressing challenges faced by producers and the agricultural sector. They highlighted the need for collaboration between all levels of government, as well as proactive measures supporting local production to ensure industry sustainability.

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