Recent rains brought some relief to parts of Argentina’s agricultural regions, but the risks are far from over. The agriculture sector’s export revenues are expected to fall to $33.39 billion.

Economy Minister to announce repo credit of around US$1 billion as sovereign fund negotiations continue

The local grain futures market is already assuming that the government will launch a renewed soy dollar in July, or another mechanism to speed up the entry of fresh dollars.  It comes as drought continues to reduce soy harvest forecasts, with the liquidation of foreign currency for the …

La Rioja governor Ricardo Quintela on February 3 made the surprise announcement that he would move the election date to May 7, following many of his Peronist peers who are separating their provinces’ elections from the national ones in order to protect themselves locally. During this interview, the …

Most members of the Supreme Court have decided that they will not begin to devise a common strategy to face the impeachment Congress started to discuss last week, and the future of sensitive cases they control, until they meet in person.  Horacio Rosatti, Carlos Rosenkrantz and Juan Carlos …

This year the agricultural industry will export US$13 billion less than in 2022, mainly due to the ongoing drought, Foundation for Agriculture Development (FADA) has found. Moreover, the Rosario Stock Exchange reported that corn crop projections fell by 15% while soybean harvests were down by 7%. According to …

The government is focusing on lithium, the mineral of the future, given its importance in energy transition. They consider sending a bill package to Congress to industrialize it in order to create added value and jobs. The initiatives may include a “quota” bill for the internal market, ad …

Argentina’s state-run oil company, YPF, signed yesterday a memorandum of understanding for hydrocarbon cooperation with Oil and Natural Gas Corp (ONGC), India’s biggest oil and gas company. The Argentine company also announced that it would seek US$1 billion in financing for investments in Vaca Muerta. According to YPF, …

Energy Secretary Flavia Royón announced yesterday that power prices would go up by 36% during the third stage of subsidy segmentation, which will start this year. This announcement was made the same week that a new mission from the International Monetary Fund (IMF) arrived to review Argentina’s accounts …