7 keys to the assistance program announced by the Government for dairy farmers

In the Cordoba city of Villa María, the Minister of Economy Sergio Massa announced an investment of more than $9,000 million. For what purpose?

For iProfessional

01/06/2023 – 9:15 p.m.

The Minister of Economy, Sergio Massa, presented this Friday afternoon the Tambero Impulse Program in order to accompany the strengthening of small and medium producers in the sector. In the announcement that he led together with the Minister of Agriculture, Juan José Bahillo, in Villa María (Córdoba), the head of the economic portfolio anticipated that A total of $9,160 million will be invested.

In the presentation of the Program, Massa highlighted that during the past year, “and despite the crisis, a record for milk exports was broken, “with 1,700 million dollars” and the second in production.

However, “we are facing a climatic crisis (drought) that affects dairy farmers and that is why we launched this Program,” said the official.

7 keys to the government assistance program for dairy farmers

Massa’s help for dairy farmers comes after the Liaison Table and other agricultural production entities will alert about the closure of some 400 establishments due to the drought and a 14-month break in activity.

Thus, the Government will implement compensation per liter of milk produced for establishments of up to 4,000 liters per day, for four months and may not exceed $600,000 per company and would end up totaling a total income of $2.4 million.

Massa echoed the announcement on his Twitter account.

Thus, the main points of Massa’s announcement are the following:

1. The Impulso Tambero program will require a total investment of 9,160 million to strengthen all small and medium producers.
2. The initiative will improve the profitability of 79% of the country’s producers.
3. The Program grants a fixed sum in pesos per liter of milk for four months, according to two strata.
4. The first includes those who have marketed up to 1500 liters per day, they will receive $15 per liter.
5. Those who have sold between 1,501 and 5,000 liters per day will receive $10 per liter.
6. The maximum amount of compensation will be 0,000 per month per producer or producer.
7. The measure will compensate the monthly average of liters of milk sold between the months of October 2021 and September 2022.

Massa, on maximum alert for the price of the dollar

Contrary to expectations, at least at the beginning of the term, the financial markets turned their backs on Lula da Silva, and set off all the alarms on this side of the border. The economic team closely monitors the evolution of the dollar in Brazil: sudden movements in the neighboring country usually have a negative impact, and very quickly in Argentina.

It is just what the Government needs the least in the current context. When officials, with Sergio Massa in the lead, they had been working side by side with the brand new Brazilian authorities to ensure dollars for the Argentine economy, the latest exchange movements raised the guard in the Palace of Finance.

In a week, the real devalued 5.5% -the price reached 5.50 units per dollar-, the worst level since December 2021. The nervousness in Buenos Aires is not only because of this rise in the dollar. It has to do with what may come.