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Argentine grain exports in August 2021 reach 3 billion U.S. dollars

 Last Update: 2021-09-10
 Source: Internet
 Author: User

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Foreign media on September 2 news: According to the Argentine oilseed and grain exports Association (CIARA-CEC) said on Wednesday, in August 2021 the Argentine overseas sales reached about 30 billion US dollars, surged 75 percent, because the international grain prices high
.
However, sales decreased by 13% from the previous month
.

CIARA-CEC stated that in the first eight months of this year, foreign exchange earnings from agricultural exports reached US$23.
2 billion
.

The Argentine agricultural sector dominates Argentine exports
.
With the economic and debt crisis, the plunge of the Argentine peso and the depletion of foreign exchange reserves due to high inflation, agriculture is essential to rebuild foreign exchange reserves
.

Oilseed grain export price sales

CIARA-CEC stated that in the first eight months of this year, foreign exchange earnings from agricultural exports reached US$23.
2 billion
.

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