date:Jul 18, 2013
be a weak harvest due to historically small planted acreage.
Argentina has reacted with new regulations, including a law enacted early this month forcing wheat and flour producers to halt any export of reserve stocks and prioritize supplying the local market.
The government negotiated with bread makers to fix bread prices at 10 pesos per kilo, as opposed to the current market price of 18 pesos. Some bakers and supermarkets have agreed to offer bread at the lower price only up to 10 a.m. every