Closed in October 2019, the Bioceres group bought the plant through its subsidiary Agrality and resumed its activities with a staff of 50 people, after an investment of $10 million. The plant has a processing capacity of 250,000 bags, from spike drying to finished bags. It locates in a productive area of excellence for corn, sunflower, and wheat.
Exports of the wheat complex during the 2020/21 season could exceed $2.8 billion, its highest value in 9 years, thanks to the rise in international prices, even though nearly 2 million tons less expect to be shipped than in the last cycle.
The production of agrochemicals grew 10.3% between January and October 2020, after having grown by a significant 11.6% during 2019. Exports reached $189 million, 11.7% less compared to the same period in 2019. Consumption increased by 7% until October. Imports showed a decrease of 6.3% compared to the same period in 2019.
The price of beef began to rise on the shelves. In November it registered a 7.5% increase concerning the previous month and 53% interannual, but it estimates that the total growth will reach 20% in the rest of the year.
Argentinean technology entrepreneurs continue to have opportunities to provide digital services abroad, in what is usually known as "digital services export" or "talent export". This survey covers the cases of 3Destiny and five other Argentinean enterprises, which amid the pandemic export amounts ranging from $170,000 per year to $2 million.