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Argentine grain movement down to a trickle PDF Print E-mail
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Posted by Truth About Trade & Technology   
Monday, 12 May 2008
Brownfield Ag Network

Grain transportation in Argentina is at a near standstill due to the strike by farmers and ag groups. According to Dow Jones Newswires, only 176 grain trucks arrived at the Rosario port Friday, compared to 4,000 this time last year, as farmers refused sell grain in protest of Buenos Aires' controversial sliding scale export tax. Cabinet Chief Alberto Fernandez says the tariff will stay in place but there could be a few adjustments.

Another effect of the strike is only 4,200 cattle made it to market in Liniers, about half of normal for a Friday, according to Dow Jones. However, protesters are allowing domestic goods to reach their intended destination as promised. If domestic supplies are blocked, the government says it will enact the "Supply Law" which would lead to fines, confiscation and/or imprisonment for producers that do not supply the domestic market.

Farmers will meet May 15 to discuss further actions.




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