Blue Dollar News

Milei slashes export duties on wheat, barley, and soy

President Javier Milei announced a forthcoming reduction in export duties on wheat and barley, effective next month, and on soy, commencing in January, during a speech to rural business leaders in Buenos Aires on Thursday. The measure represents yet another gesture from the La Libertad Avanza leader towards the influential agricultural sector, which constituted over … Read more

Key players in the agricultural ecosystem are facing a debt crisis, declining revenues and reduced access to credit

Netherlands Bans Argentine Soymeal Due to GMO Issues

The Netherlands has declined at least two shipments of Argentinian soybean meal this month due to the presence of non-approved genetically modified material, posing a risk to a significant trade flow. In April, Dutch authorities issued two alerts concerning cargoes that originated from Argentina, the leading exporter of soybean meal globally. The notifications dated April … Read more

Blue Dollar Updates

Grassi Takes Charge of Troubled Soy Giant

Grassi SA, a leading grain brokerage in Argentina, has potentially overcome the final obstacle in its acquisition of the troubled exporter Vicentin SAIC, which possesses a substantial share in the largest soybean crushing facility globally. Judge Fabián Lorenzini dismissed objections raised by a Louis Dreyfus Co venture concerning the agreement that Grassi reached with a … Read more