As detailed by the entities, the important volume settled in June was directly linked to the completion of the retentions reduction regime established by Decree 38/2025.
The Chamber of the oil industry (Ciara) and the Cereal Exporters Center (CEC) They reported that during the month of June the companies of the agroindustrial sector liquidated US $ s3,706 millionwhich represents a year -on -year increase of 87% with respect to the same month of 2024 and a growth of the 21% compared to May. The accumulated of the first semester of 2025 shows an increase in 40 % in relation to the same period last year.
As detailed by the entities, the important volume settled in June was directly linked to the completion of the Retentions reduction regime established by Decree 38/2025whose validity concluded on June 30, except for cases of Wheat and barleywhose sales were extended.
From Ciara-Cec, they recalled that the monthly foreign exchange income transformed into pesos is the mechanism that allows exporting companies to continue buying grains from producers, thus guaranteeing the best possible price within the local market. The liquidation of currencies, they underlined, is associated with the anticipated purchase of grains that are then exported, either as raw material or as processed industrial products.
In that sense, the statement clarifies that most of the foreign exchange income occurs with considerable anticipation of effective export: around 30 days in the case of grains and up to 90 days in processed products, such as oils and flours. Therefore, they stressed that there are no delays in the liquidation, but that the movement responds to the rhythm of the commercial cycle and multiple external factors that affect the market.
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Agrodollars: the performance of the oleaginous-corestone complex
The oleaginous-cereal complex, including biodiesel and its derivatives, contributed the year 2024, the 45% of Argentina’s total exports, according to INDEC data.
The country’s main export product is soy flour, followed by soybean oil, and corn. Argentina is still stagnant in its production and export growth, depending exclusively on international price variations to modify its export structure.
Source: Ambito
