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Argentina to Pay Cattle Subsidies Next Week, Government Says

Argentina cattle feedlots seeking help in down markets


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Argentina’s agricultural ministry plans to resume subsidy payments to feedlots and diary producers next week, a ministry official said.

The administration of President Cristina Fernandez de Kirchner will announce Nov. 1 or Nov. 2 the first payment in two months, said a spokesman of the agricultural commerce control agency, known as Oncca, who declined to be named because of ministry policy. Oncca is in charge of the making the payments.

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