Lack Of Wheat?

[Iznogud]

" total de la producción agropecuaria, de 105 millones de toneladas en la última cosecha."

There are NO billions. Stop dreaming and/or inflating figures, pretty please.

 

[Bajo_cero2]

" total de la producción agropecuaria, de 105 millones de toneladas en la última cosecha."

There are NO billions. Stop dreaming and/or inflating figures, pretty please.

Read well please. I wrote kilos no tons.

However, it is you who is inflating them. The harvest was 12 millon tons not 105 millón tons.
http://m.terra.com.ar/noticia?n=201307171631_RTI_SIE96G04D

The US production is 57 million tons.
http://es.m.wikipedia.org/wiki/Trigo

However, as you can see with your own mistake, the convert the different messure systems is difficult.

 

[Somewhereinba]

I'll try put this clear because it's easy to get the spanish terms mixed up with english.

300 thousand tonnes were supposedly 'undeclared'
2 million tonnes were supposedly found to be PLANNED for sale in 'black' although I don't really understand the english translation so Bajo could clear that up.

I think the article is trying to suggest that 300 thousand tonnes is not a massive find when there is 105 million tonnes of agriculture products produced (soy,corn,wheat etc) this year - 12 million tonnes of wheat.

 

[Bajo_cero2]

Comming back to topic:
http://www.pagina12.com.ar/diario/economia/2-224758-2013-07-18.html

Afip discovers 300.000 tons undeclared and that 2 billion kilos were sold in black.

Thank for the clarificación.
The point is that the 2 million tons that were missing appeared plus another 300.000 tons. There is not such lack of wheat.

 

[ajoknoblauch]

There were voices regarding to blame CFK for bad policies that produced a low harvest of wheat. It was a lie.

Farmers has a long history of boycots against democracy in this country.

I wonder if the government has ever considered levying optimum rather than punitive tax rates. I am no market fundamentalist, but I think it's clear that the Kirchneristas are far more interested in making a political point than in maximizing revenue.

 

[Bajo_cero2]

I wonder if the government has ever considered levying optimum rather than punitive tax rates. I am no market fundamentalist, but I think it's clear that the Kirchneristas are far more interested in making a political point than in maximizing revenue.

http://www.lanacion.com.ar/m1/1579624-el-gobierno-devolvera-las-retenciones-al-trigo

In fact, the wheat pays about 20% of retenciones (export tax, the punitive tax you mentioned) while soy pays 35% and the Government decided to give it back. In fact, this idea was from the farmers.

 

[JoeGillis]

Just returned from the large Carrefour on Independencia in San Telmo, where I was told by a stock clerk that none of their stores has had cornstarch (maizena) for two months now. I then tried two mini-markets; zero cornstarch. WTF?????? Cornstarch in Argentina is just as much a basic kitchen staple as flour, so does anyone have any further info on this ridiculous situation?

 

[Bajo_cero2]

http://www.pagina12.com.ar/diario/economia/2-225038-2013-07-23.html

 

[trennod]

So, we really don't have a problem at all since the government has found all the missing wheat. I guess in the next cpl of weeks we are expecting back to normal prices then?

I don't believe clarin or página 12 so I am going to judge for myself on outcomes, and with good old demand and supply economics 101 that will be the market price.

 

[arlean]

For whatever it is worth, I have an Argentina friend whom I respect very much. His work for many years has been importing and exporting. Before I saw this conversation I had talked to him about exports, etc., and he told me that the wheat shortage is directly due to government policy. Without going into detail here (I don't want to get into trouble with you guys) any time the government sets prices or limits a producer, he will stop producing. It is a fact of life! Economics is one of my avocations and I always watch with interest when there is some kind of price control. There is ALWAYS a resulting shortage and then incredible rising prices on those products. It is such a fact of economics it is amazing that people don't get it. Some cheer the government for limiting the "greedy merchants" when the real problem is government-caused inflation which raises prices. The problem is inadequate education in economics. It is rampant in the U.S. I don't know about South America but I am watching and trying to learn the markets and the mindset here.