Argentina to offer preferential ‘soy dollar’ for exports at 300 pesos per dollar
Argentina’s government on Wednesday announced a new plan setting a special exchange rate of 300 pesos per dollar to encourage soybean exports amid severe financial difficulties and foreign exchange shortages.
Economy Minister Sergio Massa also said the program, known locally as the “soy dollar,” will cover small farmers in regional economies.
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon