According to a report by the Rosario Grains Exchange, 10 million hectares in the central region have been affected
Agro
The dire harvest meant soy crush volumes were so low that Brazil knocked the country off its customary spot as the world’s top soy oil and meal exporter
A farmer association had accused the minister of planning to increase taxes for rural real estate
The impact of this growth could be limited although by a drop in international prices
Government looks to incentivize exporters in order to maintain official exchange rate
Economy Minister and UxP presidential candidate Sergio Massa has vowed to maintain a AR$350 per US dollar rate until the elections
The benefit will last until September 30
The presidential candidate said the dollar should become legal tender in Argentina
The drought is also expected to continue affecting the economy in the upcoming months
Latin America’s biggest production company Boreal Uruguay shut down abruptly, as concern grows over cumbersome regulations and limited foreign markets