Coninagro took the pulse of the sector and the diagnosis is not good: Half of the activities are in the red, and the symptoms

The Inter-Cooperative Agricultural Confederation (Coninagro) presented a new edition of its report "The Pulse of Agriculture," which reflects a heterogeneous panorama of the Argentine agro-industrial activity. A kind of X-ray where the indicators of the main sectoral activities are analyzed. According to the survey, of the 19 variables analyzed, nine show a negative performance compared to previous periods, while the rest exhibit signs of recovery, in a context marked by the volatility of costs and interest rates. The report warns that the update of the rates recorded in August could affect financing and the pace of investment in the coming months. On a monthly level, the contrast with July was unfavorable, since while in the previous month only four variables showed declines, in August that figure increased to eleven. Among the sectors with the greatest declines are the production of agricultural machinery and biodiesel, both with double-digit drops. In contrast, advances were ...