Collapse: In February, the liquidation of foreign currency from agro-exports fell by 30%
In February, agro-export foreign currency liquidation dropped by 30%, according to Ciara-CEC, amounting to US$1289 million.
The liquidation of foreign currency from agro-exports in Argentina experienced a significant decline of 30% in February, as reported by the Argentine Oil Industry Chamber (Ciara) and the Center for Cereal Exporters (CEC). This downturn is attributed to various strikes that disrupted activities within the sector. The firms in the agro-export sector liquidated a total of US$1289 million during February 2026, marking a considerable decrease compared to the previous month, January 2026.
Moreover, the cumulative figure for 2026 has reached US$3140 million, which represents a 26% decrease compared to the same period in 2025. This trend raises concerns about the ongoing challenges faced by Argentinaβs agro-export industry, which is crucial for the country's economy given that it accounts for approximately 48% of total exports. The reduction in currency liquidation reflects the broader economic difficulties and could have significant implications for the agricultural sector's performance and stability.
As the situation develops, the agricultural sector's stakeholders, including farmers and exporters, may need to adapt to these changes and pressures while seeking solutions to mitigate the impact of labor strikes and other challenges. This situation could be a catalyst for further discussions on policies aimed at supporting the agro-export industry and enhancing its resilience against such disruptions.