Argentina's trade balance with Brazil yielded positive results for the second straight month in October 2021. However, numbers for the first 10 months of the year are still in the red.
Argentine exports of pork meat have contracted 80% in the third quarter of 2021 due to a fall in Chinese demand and a sharp decline in international prices, despite a steady domestic demand, it was reported.
The Argentine Agroindustrial Council (CAA) Thursday issued a statement whereby it warned that the marine logistics collapse is severely limiting agri-food exports.
Argentina has recorded a trade surplus with Brazil in September following a YoY increase in sales of 37% year-on-year, it was reported.
Argentine wheat exports should reach 12 million tons in the 2021/22 winter harvest, according to a new estimate released by the Buenos Aires Cereals Exchange. If confirmed, the volume, the highest since 2016/17, will be 26.3% above this season's production.
Corn production in Argentina is likely to drop to 48 million tons in 2020-21 from 50 million tons in 2019-20, the US Department of Agriculture's Foreign Agricultural Service in Buenos Aires said in a report released on Thursday.
Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters have revealed.
Argentina’s peso fell 1.8% on Monday to 45.49 per U.S. dollar due to uncertainty over the country’s presidential election and the fallout from U.S.-China trade tensions, traders said.
Argentina's clash with Uruguay over the Botnia/UPM pulp mill has led to furious retaliations from Buenos Aires severely limiting trade and not allowing Argentine exporters to make use of the port of Montevideo for transshipment.
The US dollar in Buenos Aires reached on Tuesday 10 Argentine Pesos (buying price) and 10.05 pesos (selling price) in the informal market, 15 cents higher compared to its last closing price, pushed by the tourist sector, and as the government crackdown on the so called city “exchange caves” eased up.