One of the competitive advantages of the drums argentina was the unusual relationship Milk:Corn that appeared very favorable for the activity tambera due to the withholding on the sale value of the cereal. With the expectation generated by the future elimination of the deductions to the grain of corn, the price of the cereal shot. The operations that were done to 1.100-1.150 weights/tn passed to 1.500-1.600 because offers of corn are trading with the market value in the future, both of corn and of the dollar. For example, the position for the corn of April/2016 is 142 US$/tn and a dollar 11,08 weights for that same month, the cereal and ends with a price of 1.573 weights/tn. During a good part of 2015, we came with a ratio below 300 litres of milk/ton of corn, and now with the securities referred to above are located in 597 lts/Tn, an increase of 23% of the feed costs. In the chart that accompanies you look at the development of 16 years (2000 to 2015) of this indicator and the current settings will result in sales at full price. On the last bar of the chart, you can see the effect of a dollar at 14 pesos (instead of 11,08), which would bring to 741 litres of milk/Ton of corn, exceeding +38% 537 lts of the average of the series. To lower these 741 lt/Tn the average value of the series (537 lt) on you would need a price of 3.7 /liter of milk.
