Foreign exchange earnings from agriculture: record $28.8 bn forecast

The exceptional rise experienced by the main exportable grains (wheat, corn and soybeans) during the last six months would generate a foreign exchange income of at least $28.8 billion, making it the highest in Argentina’s history. If current prices continue, the agricultural sector will bring 38% more dollars this year than in 2020: maize alone, revenues of $8 billion. Also, there is already evidence of higher grain sales by producers due to the calm dollar and the smaller gap.

Source: Ámbito