Currencies: producers delay soybean sales by more than $10 billion

The gap between the official dollar and the blue, which is around 80%, together with the impossibility of maintaining its position in dollars, discourages the grain trade and this hits the government’s coffers hard. Today producers have in their possession 18.5 million tons of physical soybeans available, and 8.2 million tons delivered to fix and without a price, which means around $10 billion in foreign currency -more than necessary for the Argentine economy in the last part of the year- but the truth is that they are far from accelerating their sales to finance the next campaign and this notices.

Source: Ámbito