Advantages in the devaluation of the Argentine Peso

The Argentine currency is currently undergoing a strong depreciation due to the great demand from people purchasing it for savings. That favors the prices of Agrocommodities and if managed strategically, it can lower costs.

Soybean, corn, wheat, sunflower exist in Argentina with large stocks and most of the production is exported.

The next Wheat harvest will begin in October 2020, lasting until February 2021. The Sunflower oilseed will be available from December 2020 until February or March 2021. Corn and soybeans have production stocks that overlap with the previous harvest season, but the productive situation in the United States pushes the USDA to report slim probabilities of important production quantities. This situation is pushing prices up without a ceiling.