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Argentina’s huge wheat harvest should boost its struggling currency

Argentina’s plummeting currency ( AR Peso ) is set for buffering from bumper wheat crops as it becomes one of the few countries to emerge from a 2018 harvest with a sizeable yield. Several top producers from around the world, including Australia, the US, and much of Europe, have struggled to deliver high yields in the face of…

Argentina’s worst drought in 50 years has crushed the country’s cash flow

The economic activity in April fell 0.9% annualised and 2.7% in March, but with a production drop of 30% in agriculture and livestock. It is thought the degree of the drop could reflect the beginning of a short-term recession. The worst drought in 50 years struck negatively with economic activity in April, which fell 0.9%…