Argentina exports reach 32.7m tons of soybeans during 2020/21 harvest so far

A Ministry of Agriculture report updated on October 20th states that Argentine producers have sold 32.7 million tons of soybeans so far in the 2021/21 harvest.

The pace of sales fell short compared to the previous harvest; up to the same date last year, when exports reached of 33.9 million tons, according to official data.

The 2020/21 soybean harvest ended June at 43.1 million tons, according to the Buenos Aires Grain Exchange, which estimated the 2019/20 harvest at 49 million tons.

Foreign currency from agricultural exports is essential for the Argentine economy, which was hit by an annual inflation rate of more than 52% and a deep recession in 2020.

Source: Money Times

To read the full original article, visit the link:https://www.moneytimes.com.br/produtores-argentinos-venderam-ate-agora-327-mi-t-de-soja-de-2020-21-diz-governo/

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