Crop Windfall Slips Away in Blow to Argentina’s New Leader

Hopes of Argentina’s new president Alberto Fernandez of bolstering exports to spur growth and pay debts face a speed bump from the crop industry, which accounts for more than a third of shipments. Drought has ravaged the wheat and barley crop on the Pampas growing belt that rakes in key export revenues over the new-year period.

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Source: Bloomberg