December 10, 2019
Grobocopatel said that an increase in retentions will reduce agricultural production
The agricultural entrepreneur participated in the Cycle of Conferences of the Rotary Club of Buenos Aires and maintained that "he hopes that Peronism is the computer of the society."

After his conference held at a Rotary Club lunch, Grobocopatel considered that there is currently a “great demand for meat” from China and other markets and also stressed the need to convert livestock production in Argentina into protein with financing obtained from the withholdings.

“Today there is no financing, so part of that collection that may come from withholdings could turn to having abundant and cheap credits for people to make investments in the transformation of grains into meat; that gives you the opportunity to grow rapidly in what there is unsatisfied global demand, ”he said.

Institutions that mark the limits of society are needed. Businesses are linked to agreements and rules, so it is important to understand the purpose of each one. “Does the application of universal child allowance generate more free, employable, autonomous, entrepreneurial, supportive people? If any of them are missing, we must review the policy. The same goes for each of our businesses. ” The 21st century capitalism of the society of hope requires a market and businessmen of this time, willing to risk, that are left to impact on society but are allowed to impact on it.

“The role of entrepreneurs in these turbulent times and fear is to build this new capitalism together with the public sector and social leaders. Public private initiatives are a form of link as a client and supplier, I also propose to sublimate the relationship by building together a capitalism of this century ”.

On the future government and a possible 35% retention of soybeans, he replied that “the problem is not what we do but what we achieve through the actions. I think it will decrease agricultural production and investments in a sector that has much more to give than what it gave. It would give the impression that we do not learn from what happened. ” Then he added that in his opinion there should always have been small retention of 5% in wheat and corn in order to develop local industry and the transformation of grains into meats. There is a very fragmented view of economic systems. Retentions impact on agribusiness and all related.

“Argentina grew half of the Latin American average in the last 20 years, if we had grown as the average today we would have a 50% higher GDP, one can raise taxes but cannot avoid the consequences. It's bread for today and hungry for tomorrow".

Automatic translation from spanish.

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