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Argentine government authorizes the export of 6 million tons of 2012/13 wheat

Thursday, June 21st 2012 - 05:51 UTC
Full article 13 comments

Argentina's government authorized this week the export of 6 million tons of 2012/13 wheat as farmers advance with early plantings, officials said. Read full article

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  • The Cestrian

    So basically the country has barely enough food to feed itself but due to economic incompetence they are having to export it to get some hard currency. What a mess.

    Jun 21st, 2012 - 07:18 am - Link - Report abuse 0
  • Idlehands

    A good example about how a control economy simply doesn't work.

    - Wheat products are too expensive because we export much abroad
    - If we limit exports there will be a glut of wheat and prices will fall
    - Who'd have thought farmers would simply grow something else

    Duh !!!!!!!!!!!!!!!!

    Jun 21st, 2012 - 10:24 am - Link - Report abuse 0
  • Tobers

    @2 Its staggering just how shit and immoral this Argentine
    -government- is.

    Everyday another massive display of incompetence and contempt for the masses.

    Jun 21st, 2012 - 02:21 pm - Link - Report abuse 0
  • Idlehands

    The next policy will be quotas for farmers - they will have to grow a government dictated amount of wheat or forfeit their arable land.

    Jun 21st, 2012 - 02:25 pm - Link - Report abuse 0
  • Frank

    Let the prols eat cake......or soy.. or something....

    Jun 21st, 2012 - 02:56 pm - Link - Report abuse 0
  • Simon68

    4 Idlehands (#)

    I hope to hell that Kretina is not browsing Mercopress, otherwise she'll take you up on this!!!

    Jun 21st, 2012 - 03:21 pm - Link - Report abuse 0
  • ChrisR

    6 Simon68

    Not much hope for The Mad Bitch of Argentina browsing Mercopress.

    Timmidman, Putridjelly and the rest of the liars, wannabe gangsters and amateur thugs of her “government” have blocked the site in case she sees for herself the truth of the matter.

    Jun 21st, 2012 - 07:16 pm - Link - Report abuse 0
  • Yomp to victory

    They can't even feed their own people and the La Plata whore is exporting desperately needed food in order to line her own pockets.

    Jun 21st, 2012 - 07:21 pm - Link - Report abuse 0
  • Conqueror

    Hello.....Prat_Hurter. Where are you? Your guvmint is exporting your food.

    Jun 21st, 2012 - 08:11 pm - Link - Report abuse 0
  • British_Kirchnerist

    #3 How is it “contempt for the masses” to try to feed them?!

    Jun 21st, 2012 - 10:02 pm - Link - Report abuse 0
  • Conor

    @10
    You obviously didn't read the article did you Mr BK.
    “If the wheat area estimate is accurate, it would mark a 17% decrease from 2011/12 plantings, reflecting farmers' pessimism about potential profits.”
    The farmers can't produce enough and yet CFK is promoting more Wheat export. Also read what Mr Idlehands said as well.

    Jun 22nd, 2012 - 01:04 am - Link - Report abuse 0
  • British_Kirchnerist

    #11 Yes but I see it as the farmers' fault if they deliberatly produce less and am therefore with Cristina and against them, on the basis they should be feeding the people. As for the export it will earn money which can be used to buy all kinds of goods including a wider variety of foods, wheat alone wouldn't be much of a diet would it?

    Jun 22nd, 2012 - 07:38 am - Link - Report abuse 0
  • Conqueror

    @12 Would that be the same farmers that are being hit with massive land tax increases? Just how much is the export tax on 6 million tons of wheat? Somebody has to pay that export tax. Who is it? Let's say it's a Mr Farmer. So Mr Farmer's price for his wheat = % of land tax + production cost + transport costs + export tax + profit. At what point does Mr Farmer say “This is not worth the effort!” And will Mr Farmer's wheat price be competitive in the world market? So when Mr Farmer's overpriced wheat can't be sold, there are no export taxes, no money to buy all kinds of goods, Mr Farmer goes out of business and CFK buys his land at a knock-down price. And Mr Farmer probably gets enough money to pay his back taxes. Sounds like a great scam.... sorry, I meant scheme.

    Jun 22nd, 2012 - 10:40 am - Link - Report abuse 0

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