Argentine farmers sold 17.3%-18.1% of soybeans by March 19, the slowest in a decade. Producers are delaying sales, betting on a weakening peso and potential tax relief from President Milei. Slower sales challenge Milei’s administration reliant on soybean export revenue. According to recent Argentine official data, farmers had sold only 8.4 million tons of soybeans for the 2024/25 harvest as of March 19, accounting for 17.3% to 18.1% of the estimated crop volume.
March 28, 2025
SOURCE: INVEZZ
Argentina’s soybean sales plunge to decade low due to currency fears