The wheat party adds to the tension. On the one hand, due to planting projection assessments and, on the other hand, due to the final authorization of the Ministry of Agriculture due to the implantation of a genetically modified, drought-resistant variety developed by the firm Bioceres. In addition, there is a third factor: the Fry industry’s denial of bakery subsidy confidence, exercised by the Secretary of the Interior, Roberto Fellet.

This week, both the Buenos Aires Grain Exchange and the Rosario Stock Exchange (BCR) agreed on a project to reduce wheat planting intentions. For the Buenos Aires unit, according to data presented in A Todo Trigo, which was released yesterday in Mar del Plata, the grain area will be reduced by 1.5% compared to the previous cycle and the crop margin will be 20.5 million tons.

In turn, the barley area would increase by 8.5%. For the BCR, meanwhile, about 500,000 hectares less will be planted than in the last cycle and the yield would be 19 million tonnes, just three million tonnes less than in the last cycle.

Meanwhile, the Cordoba Grain Exchange predicted a 17% drop in wheat sowing in the province compared to the 21/22 campaign, and the Bahía Blanca Grain and Commodity Exchange released a survey in which producers in Buenos Aires and Las Vegas, 45th district. Pampa replied that they would reduce the wheat and expand the area for barley.

Despite the optimal prices for the crop by 2023, the decline in planting intentions is explained by the climatic factor (Water deficit in soil profile, mainly in Cordoba), Due to problems with price increases and supply of products (mainly fertilizers) and government intervention in the markets.

However, there are private sector consultants who say they have other numbers and plan a slight increase in the area sown with wheat. “Those who made the decision in February and expected a shortage of fertilizers plan to increase or maintain the surface,” said the specialist, who preferred to remain anonymous and consulted daily with producers and companies. In a few weeks the secret will be revealed.

Those who decided to place a heavy bet were approved by the Ministry of Agriculture for HB4 wheat planting, without restrictions. “I’m not a crazy person making gestures about the Argentine wheat compromise,” Minister Julian Dominguez told A Todo Trigo after the measure was approved in response to the first criticism from exporters. Exporters gathered at Ciara and the CEC said that “this rule poses a huge commercial risk because not every country that buys from us gets HB4.” In addition, he warned: “The economic consequences of the final market loss will fall on the ministry and the development company.” Bioceres, for its part, notes the event, saying it will maintain a sustained identity program for seeds whose massive sale is not expected. Last week, HB4 Wheat gained approval from leading global wheat-producing countries such as Australia and New Zealand.

So far, no rejection has been reported in the Argentine grain destination markets due to the presence of genetically modified material from the 21/22 campaign. Which already had authorization for the mill industry in Brazil.

The question arises as to whether the Argentine development, which emerged as a result of an investigation by a team of scientist Raquel Chan from the Universidad del Litoral, will win in the context of the grain demand crisis over the Ukraine war. The weight of evidence is that transgenic materials are as safe as those obtained from traditional breeding, or if the destination markets will have a rejection attitude towards this breed as soon as an anomaly is discovered.

Along with global food security, the impact of the war in Ukraine and the economic downturn due to the effects of the Kovid-19 pandemic, scientific decisions have outweighed fears. In any case, This is a context that is forcing the country to go beyond biosafety standards and regulatory frameworks.. For now, Lack of updating the seed law, Which dates back to the 1970s, does not contribute to the maintenance of technological innovation in all cultures and not just in the wider culture. It is in anticipation.