Macroeconomy/Finance

Soybean flour exports fell 10%, and raw soybean exports increased by 50%

Flour exports, the main export product of the soybean complex, plummeted by 10% and shipments of raw soybeans increased by 50%. The elimination of the tariff differential ended up affecting the milling margin, and as a consequence, Argentina started exporting more beans than usual. At this moment, the use of the installed capacity of the agricultural industry is below 60%.

Source: Ámbito

Categories: Macroeconomy/Finance