Macroeconomy/Finance

Grain exporters estimate a loss of $180 mn from export ban

95% of the grain sales to other countries are still suspended.  According to industry sources, only this week, if the registration is closed, sales will be lost for about US $ 180 million. “Economic damages are being generated to exporters without any technical justification. There are more than 10 ships planned to load corn, soybean meal and soybean oil without export authorizations for a value close to 180 million dollars. If they do not leave, the Argentina will be blacklisted by international contract defaulting countries, “they said in the export sector.

Source: La Nacion

Categories: Macroeconomy/Finance