In February, the Argentine agro-exportation sector is expected to liquidate around $1.4 billion in foreign currency, representing a decline of approximately $450 million compared to January. This decrease is attributed to several factors, including the significant downturn in soybean registrations, which are vital for the agricultural economy. Additionally, February had fewer business days due to public holidays and a general strike, which further impacted operational capabilities for export activities.

Market analyst Javier Preciado Patiño notes that the drop in liquidation figures is primarily due to both the reduced registration in the soybean complex and the shortened month, which included two holidays and a general strike. These factors resulted in six less operational days, which hampered the agro-exporters' ability to meet their expected liquidation targets. Such circumstances are detrimental in a month where production and export activities are critical to the country's economic stability.

This decline in foreign currency earnings from agro-exportation highlights the vulnerabilities within Argentina's economic structure, particularly as it relies heavily on agricultural exports to bolster its foreign currency reserves. The situation calls for potential policy responses to mitigate the impacts of such operational disruptions on the agro-export sector and, by extension, the national economy.