Soybeans surpassed $477, and the harvest valued at more than $5 bn

In Chicago, the oilseed closed at $477.1 a ton, its highest value in six and a half years and represented a 58% rise from its March low this year. In just over eight weeks the total harvest, adding wheat, maize and soybeans, rose by about $5 billion. In this framework, the foreign currency generated by the agroindustry may become the ideal lifeline for the Argentine economy in 2021, considering that with the scenario of an estimated income of $29 billion, a growth of 35.4% compared to the $21.43 billion estimated by the Rosario Stock Exchange for 2020.

Source: Ámbito