Argentina soybeans market for 2024-25 in numbers; challenges and prospects in a declining market

(NAP) Moderated by Armando Casalins, from the Federation of Collectors, in the Panel “The local market and international perspectives in a complex context” of the Acsoja 2024 Seminar, which took place on September 19, Emilce Terré, head of the Department of Economic Studies of the Rosario Stock Exchange, referred to the Argentine market in the 24-25 campaign. “Here we have the price in dollars, we can see that with the recent drop, the prices in dollars stabilized or attempted a timid recovery, but we are still at the lowest levels since 2020,” she said. And she showed that the purchasing power of soybeans in constant pesos today is at its lowest since 2018. “The fall has not stopped and we are again with a very eroded purchasing power compared to what we saw in recent years. This is another game, where the numbers are starting to be much tighter,” she said. The economist warned that this year, with much lower prices, there are fewer dollars coming in from agriculture, since it is ...