Argentina entered the world market and was recognized as an exporter of agricultural products. Today, the war in Europe leads us to reflect in this sense.
What is the economic place of Russia and Ukraine in the world
In principle, these two countries are responsible for around 30% of world wheat exports and 32% of global sunflower seed sales. To this is added almost 80% of international trade in sunflower oil.
Without making predictions, we can analyze data and observe the financial behavior of commodities, which are listed on the stock exchange. Although we hope that the conflict does not escalate to a higher level, we can already see that soybeans continue to trade higher and close to $600. The same goes for him corn who had a 5% increase and with him wheat what increased 8% in this week alone. Most of the financial assets of the entire planet, be they bonds or shares, are collapsing or trending down.
For its part, other commodities such as oil and gas, they will go up in price. Although, in this case, Argentina turns out to be an importer of them, what does not represent a benefit in these cases.
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Courtesy: CNN
Given this scenario, how could our country act?
Argentina must study the data, its history, its experience and reflect: what are we as a country, what are we good at, what can we help each other and help? What do we have and what can we do to be prepared for changes that seem so distant, but that affect the entire world economy?
In the face of a conflict could drastically reduce the supply of raw materials or derived products, Argentina could grow considerably in this regard. Must keep our country on the path of continuous development and one thing we learned is that exports are part of that growth path.
We provide food to the planet and we are faced with the challenge of raising their quality and stop working to sell only one product or service and concentrate on add value to those products, recover that brand that identifies us to the world to be able to feed our population and have the strength to feed the rest of the planet and so, contribute to alleviate the pain that a potential war on a larger scale would cause.
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A good option would be reinforce the generation of new and more agricultural entrepreneurs, micro and SMEstake care of add value to primary production products (oils, flours, biofuels and even glycerin from alcohol gel, among hundreds of options), supporting them with low cost investment or financing and making the existing bureaucracy more flexible to export this type of product.
A P2P loan could also be beneficial. It is a credit granted through platforms that act as intermediaries and whose objective is the put people or companies in need of financing in contact with investors who want to take advantage of their savingsbeing able to offer international investors to become shareholders of the producers of commodities or derivatives, taking into account that today we are the seventh exporting country In this sector.
Based on this scenario, we should take into account how important we would become for the world in terms of the provision of food and its derivativesin addition to the country foreign exchange earnings so needed right now.
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An entire Argentina working in this direction can be our guarantee for the future, united in all its parts, from natural to human and intellectual resources to make us stronger and bigger.
Source: Ambito
