Until May 2021, due to agribusiness exports, the exchange current account had a surplus of US$ 5,806 M, a peak since 2012. The Central Bank of the Argentine Republic (BCRA, for its Spanish acronym) increased its reserves by US$ 2,484 M.

An increase in the forecast of the area destined to wheat would allow to rise the national production, reaching a record of 20.5 Mt during crop season 2021/22. On the external sector, productive and stock forecasts for the next crop have been cut.

Inicio de semana con buen nivel de actividad en la plaza local y tendencia dispar en los valores ofrecidos.

Although prices were volatile during the last few weeks, they continue to be way above last years’ levels. Argentinian soybean meal shippings start to recover while corn harvest is coming to an end