News of exports

Brazil halts chicken exports to EU and Argentina on virus

19-07-2024 15:22 Brazil is halting chicken exports to the European Union and Argentina after a virulent poultry disease was found on a commercial farm, disrupting shipments from the world’s largest exporter.

AGRICULTURE & ECONOMY

Argentina poised for first China corn cargoes in 15 years

02-07-2024 15:50 Argentina is preparing corn shipments to China that will be the first in 15 years, the latest move by the two countries to expand agricultural trade.

AGRICULTURE & ECONOMY

Argentina has surplus harvest, but farmers want more from Milei

22-06-2024 09:03 Farmers are delaying agricultural sales as they wait for President Javier Milei to eliminate taxes and exchange barriers.

AGRICULTURE

Workers to halt grain exports in Argentina against Milei’s reforms

12-06-2024 17:48 The measure will be effective at midnight on Wednesday.

PRODUCTION & INDUSTRY

Industry on the ropes: Tough times for factories as consumers cut back

24-04-2024 17:24 Factories are on the ropes between adjustment and recession in Argentina. Representatives of small- and medium-sized enterprises (SMEs, or PyMES) warn drop in consumption is threatening the future of industry.

ECONOMIC INDICATORS

Beef consumption fell to historic low in first quarter

16-04-2024 20:21 Beef sales hit a historic low in the first quarter of 2024 amid a heavy drop in consumption, falling to their lowest level in three decades.

CLEAR WAY FOR IMPORTS

Milei government opens up food imports in bid to curb price hikes

12-03-2024 12:38 Argentina’s government orders full opening of food imports in an attempt to curb an inflationary spike and introduce more “competitive” prices.

OIL & GAS

President's plan to free oil market slows in Congress

28-01-2024 10:08 At issue is the government’s ability to stop drillers from exporting cargoes of crude if it’s concerned about shortages at domestic refineries.

BOOKS & LITERATURE

Is Argentina’s publishing industry at risk of extinction?

22-01-2024 08:05 The abrupt fall of demand from the domestic market, disproportionate increases of the price of paper and fuel, deferred payments in a context that is virtually hyperinflationary, the opening of imports and books on sale, the possible repeal of the Law for the Defence of the Book Industry, a lack of state purchases… a potent cocktail is attacking the entire ecosystem of Argentine books.

by Gonzalo Santos

TRADE BALANCE

Argentina reverses trade deficit after peso devaluation

19-01-2024 16:50 Trading balance was reversed in December, after the strong devaluation of the peso.

AGRICULTURE & ECONOMY

Election result gives soymeal traders a new factor to weigh

20-11-2023 17:58 Javier Milei, who takes office December 10, has proposed dropping the peso and dollarising Argentina's economy. Such a move could boost farmer sales of soybeans, since they’d rather be paid in US dollars than a weaker local currency.

ECONOMIC INDICATORS

Argentina's economy grew in July despite recession on horizon

27-09-2023 13:02 Argentina's economy broke a four month streak of decline in July, beating estimates and growing at 2.4%.

TRADE WOES

Record trading debt: SMEs at risk of default

23-09-2023 05:13 Import debt has reached US$38 billion. Argentina’s small and medium-sized businesses (SMEs or PyMEs) face an increasing number of difficulties in paying suppliers due to restrictions to access the foreign exchange market.

by Ludmila Di Grande

EXPORTS

Brazil agrees export financing deal with Argentina

29-08-2023 14:15 Brazilian Finance Minister Fernando Haddad and Argentina's Economy Minister Sergio Massa announce agreement to fund Brazilian exports to the tune of US$600 million.

ECONOMY MINISTER ABROAD

Massa’s trip to Brazil ends without deal on exports to Argentina

29-08-2023 10:00 Brazil had proposed using yuan reserves to guarantee payment; Haddad surprised by agenda unilateraly released by Massa.

FINANCIAL MANOUEVRING

Brazil pitches plan to guarantee exports to Argentina in yuan

23-08-2023 15:56 President Luiz Inácio Lula da Silva’s administration searching for ways to aid Argentina amid its intensifying economic crisis, while also attempting to ensure Brazilian exporters are paid for sales.

NEW MEASURE

Government suspends meat exports for 15 days

15-08-2023 17:04 Measure taken as talks with slaughterhouses and companies continue in wake of post-PASO devaluation of peso.

Lithium sector

Argentina’s growing lithium industry hits export records

17-06-2023 13:50 Argentina's lithium industry hit a record high with exports rising to US$60 million in May, up 17% from the same month a year ago.

AGRICULTURE

Argentina’s crisis-wracked economy needs rains now to save crops

23-05-2023 09:07 Farmers in Argentina need rainfall within the next three weeks to have any chance of emerging from a disastrous drought.

Alberto in Brazil

Brazil to finance Argentina’s imports to relieve pressure on reserves

04-05-2023 01:14 Lula assures that he is seeking solutions to sustain Brazilian exports to Argentina and that he will be lobbying the International Monetary Fund (IMF) "to remove the knife from Argentina’s throat."

Alberto in Brazil

Argentina and Brazil mull trade credit lines bypassing US dollar

03-05-2023 16:38 Over 200 Brazilian firms eye exporting in reais, not dollars; Lines would lift exports to Argentina amid its currency crisis.

BILATERAL RELATIONS

Fernández and Lula meet in Brasília for trade and financing talks

02-05-2023 20:42 President Alberto Fernández met with Brazilian leader Luiz Inácio Lula da Silva in Brasília on Tuesday, with talks focusing on financing for imports and exports.

FOREIGN POLICY

Fernández to seek fresh financing routes on trip to Brazil

30-04-2023 08:33 Alberto Fernandez will travel to Brasília on Tuesday seeking to capitalise on last week's talks with his Brazilian counterpart Luiz Inácio Lula da Silva.

AGRICULTURE & ECONOMY

Brazil may surpass United States as world's number one corn exporter

21-04-2023 09:32 Brazilian corn production should set a new record in 2023, allowing the country to become the world's leading exporter of maize, ahead of the United States.

DOLLARS & RESERVES

Government's bid to bring in dollars stumbles as peso falls faster

20-04-2023 15:09 Soybean exporters, who are temporarily allowed to sell dollars at a rate of 300 pesos per dollar compared to the official rate at 218, didn’t sell a single greenback Wednesday – the first day of no sales since the policy kicked in.

ECONOMY & AGRICULTURE

Historic drought adds to Argentina’s economic woes

06-04-2023 15:26 Argentina's worst drought in almost 100 years is decimating critical soy, wheat and corn production, damaging the income of farmers, producers – and the government.

NEW EXCHANGE RATE

Argentina debuts ‘Dollar Malbec’ to aid exports amid drought

31-03-2023 10:16 Economy Minister Sergio Massa confirmed Thursday he’s rolling out a temporary, subsidised exchange rate for wine and other agriculture products, dubbed the “Dollar Agro” or “Dollar Malbec” by the local press.

NEW RATE ON WAY

Massa announces new 'dolár agro' exchange rate

30-03-2023 23:20 Argentina looks set to unveil yet another new exchange rate – Sergio Massa's new 'agro dollar' will be used for agricultural products and is another bid to boost Central Bank reserves.

BIRD FLU

Some 260,000 birds killed by avian influenza in Argentina

09-03-2023 18:13 Some 260,000 birds, mostly chickens, have died in recent days in Argentina as avian influenza continues to spread among poultry.

BIRD FLU

Government suspends all poultry exports after bird flu finding

01-03-2023 10:29 Argentina self-suspends export of all chicken products after Senasa health body confirms first positive case of avian influenza in industrial poultry.

WAR IN UKRAINE: ONE YEAR ON

Argentina's trade with Ukraine and Russia down 40% since outbreak of war

23-02-2023 23:51 Trade with Russia and Ukraine has slumped by more than 40% since war broke out 12 months ago.

Beef Export

Brazil suspends beef exports to China after mad cow case

23-02-2023 16:39 Brazil, the world’s biggest beef exporter, is halting exports of the red meat to China starting Thursday after confirming a case of the animal illness known as mad cow disease.

AGRICULTURE & ECONOMY

Argentine grain harvests threatened by persistent drought

16-01-2023 17:53 Drought fears realised as Argentina loses half of soybean crop in main growing area; Experts warn that "economic losses will be substantial," with grain exports expected to slump by 21% in "best-case" scenario.

OPINION

2022: the errors of the economists

29-12-2022 02:31 The time has come to do what economists find so uncomfortable and what I find so useful: the annual balance sheet of predictions

by Gustavo González

MEAT EXPORTS

In Uruguay, an effort to save horses from foreign plates

28-12-2022 13:07 The Santuarios Primitivo NGO is doing its best to rescue horses in Uruguay, where slaughter of the beloved animals is increasing rapidly.

AGRICULTURE

Agricultural producers count the cost of prolonged drought

04-11-2022 10:05 As much as 75% of agricultural land has been affected by drought, as a La Niña weather pattern persists and the effects of climate change intensify.