The Chamber of the Oil Industry (Ciara) and the Cereal Exporters Center (CEC) reported that in August the foreign exchange was 25% less than in the same month last year and 55% less than in July, when a historical record was recorded. Despite the monthly fall, the accumulated from January to August reached US $21,339 million.
The Chamber of the oil industry (Ciara) and the Cereal Exporters Center (CEC) They reported that in August US $ 1,818 million entered, 25% less than in the same month last year and 55% less than in July, when a historical record was recorded. Despite the monthly fall, the accumulated from January to August reached the US $21,339 million, which represents an interannual 32% improvement.
Brake after July
The eighth month of the year showed a deceleration in the currency liquidation of the agro -export complex, which represents the 48% of the country’s external sales. The US $ 1,818 million meant a decrease in 25% compared to August 2024 and of 55% against July this yearwhen a record level was reached.
Despite this punctual setback, the sector accumulates so far from 2025 income for US $21,339,455,403which implies a growth of 32% compared to the same period last yearaccording to the report released by Ciara-Cec.
From the export cameras they explained that August is usually a month of low season due to the end of the thick harvest peak. However, they stressed that the Progressive reduction of export rights It allowed to sustain a flow of sales abroad and industrial processing that exceeded the expectations of currency income.
“The monthly currency income, which is then transformed into pesos, is the mechanism that allows you to continue grains from producers at the best possible price,” they said in a statement.
Criticism of the agricultural sector for the dollar shoot
The dynamics of liquidation
The report also clarified that intermennsual and interannual comparisons should be read cautiously, since currency settlement is strongly influenced by seasonal and external factors. Among them, the International price oscillationsthe Figure of grainsthe climatic conditionsthe holidaysthe union measures and the commercial or phytosanitary barriers imposed by other countries.
In addition, they recalled that most dollars enter in advance of 30 days in the case of grains and even 90 days in oils and protein floursso no delays are recorded in the liquidation process.
Source: Ambito
