Measure, which should last until the beginning of the harvest of the next crop, aims to reduce the high price of bread in the domestic market
by Luciana Franco
(Photo: Shutterstock)
Exports of wheat flour from Argentina were suspended last week. The decision shall be effective until the beginning of the harvest of 2013/2014, which begins later this year. The measure reflects the scarcity of the product in the country, which have reduced the harvest of 14 million tons (in 2012) to 9.5 million tonnes (this year).
A smaller crop inflated the domestic bread, whose prices have increased in the first ten months of the year in país.Os product shipments had already been blocked in March and the government authorized the sale of only 300 tons of flour in the foreign market. Of these, only 58,000 had been shipped by the end of April, of which 45,000 went to Brazil. With this, the total volume of flour marketed abroad should not exceed 100 tons this year.
In the case of the wheat, the government had initially authorized the sale of 5 million tons in exports volume that was cut to 3 million three months ago, now all embarcadas.Nos first five months of the year, the production of wheat flour Argentina fell 9.4% compared to 2012, to 2.38 million tons, according to the Argentine Federation of Industry Mills (Faim).
Market sources believe that the ideal would be that Argentina currently cared wheat to meet domestic demand, but the political impact of buying wheat abroad would be very bad for the government.
Source: Globo Rural magazine
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