News of commodities

ELECTION 2023

Free marketeer Milei seen rocking commodities

14-08-2023 20:05 Javier Milei, the libertarian outsider who seized control of the race for Argentina’s Presidency, would shake up the country’s powerhouse commodity industries like none of his rivals.

BLOOMBERG - OPINION

Eduardo Porter: LatAm’s new lithium bounty unearths old problem

08-05-2023 11:31 From Mexico to Chile, governments still haven’t cracked the code on how to leverage natural resources into sustained, broad-based prosperity.

FEATURE

Epic drought pushes economic crisis to new extremes

12-04-2023 15:43 Exports poised to plummet with almost half the soy crop ruined; Dollar shortage putting pressure on peso, fuelling inflation.

EXCHANGE RATE SCHEME

Governors push back on criticism of Massa’s ‘dolár agro’ scheme

06-04-2023 19:27 New plan offers a rate of 300 pesos per greenback for agro-industrial exports; Governors push back from criticism from agricultural producers.

POLITICS & ECONOMY

Mixed reaction as Massa looks to boost reserves with ‘dolár agro’ rate

06-04-2023 01:09 Economy minister unveils Programa de Incremento Exportador, otherwise known as a third incarnation of the ‘soy dollar’ scheme; New plan will offer a rate of 300 pesos per greenback for agro-industrial exports and introduce automatic benefits for producers affected by drought.

DOLAR AGRO

Argentina rolls out special exchange rate to prop up reserves

05-04-2023 19:16 Argentina will once again introduce a temporary exchange rate for soybean exports and other products in an elaborate attempt to shore up dwindling Central Bank reserves amid a devastating drought.

Agriculture

Report: Drought to slash Argentina’s exports by US$20 billion

06-03-2023 13:50 Technical report by the CREA agricultural group projects soy harvest will fall 38% from last season, with maize down 30% and wheat down 37%.