Increase in grain prices will generate an extra $4.4 bn in foreign currency

Due to the improvement in grain prices, foreign currency income would increase from the $28.5 billion initially expected to $32.9 billion. The total expected harvest for the 2020/2021 season was valued and will allow for an extra income of $4.4 billion. This extra income ocurres despite a reduction in production. A harvest of 137.5 million tons of grains were expected, but now 129 million tons are expected.

Source: La Nación