Rural Organizations Urge Government to Address Soaring Credit Costs and Food Import Facilities, Criticize Unequal Conditions for Local Producers

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

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

In addition to their concerns about credit costs, the ruralists warned about potential impacts of announced food import facilities on local producers. They emphasized the unequal conditions faced by domestic producers due to high taxes and inflation, particularly in regional economies with unique cost structures. The group also criticized excessive tax increases and fees imposed by different levels of government, calling on legislators to consider the impact of these measures on producers and overall economy.

The statement from rural liaison table also raised concerns about high cost of Foot and Mouth Disease Vaccination Campaign, particularly in comparison to neighboring countries. They pledged to bring this issue up with control organizations and conduct consultation within entities to gather more details on vaccine cost. The group emphasized critical situation facing many producers and called for urgent fiscal measures such as reducing export duties to stimulate production and boost economy.

Overall, rural entities stressed urgency in addressing challenges facing producers and agricultural sector. They highlighted need for collaboration between all levels of government as well as proactive measures to support local production and ensure sustainability of industry.

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