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Soybeans hit their highest price in the Milei era: how much is it going for
AR🏛️ PoliticsCenter8 hr. ago

Soybeans hit their highest price in the Milei era: how much is it going for

The article reports that soybeans reached their highest price under President Javier Milei's administration, driven by increases in the Chicago market and higher prices at Rosario ports. According to the Agencia Noticias Argentinas, soybean prices in Chicago rose 2.25% to $484.19 per tonne, marking the highest level since December 2023. Subproducts like soybean meal and oil also saw significant price increases, reaching $388.67 and $1,601.20 per tonne respectively. The analyst Jeremias Battistoni notes that locally traded soybeans were priced between $365-$370 per tonne, with May contract prices hitting record levels. With 24.6 million tonnes still to be sold at a current FOB price of $500 per tonne, this represents a potential value of $12.3 billion.

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Perfil logoPerfilIndependentCenter8 hr. ago
Soybeans hit their highest price in the Milei era: how much is it going for

The article reports that soybeans reached their highest price under President Javier Milei's administration, driven by increases in the Chicago market and higher prices at Rosario ports. According to the Agencia Noticias Argentinas, soybean prices in Chicago rose 2.25% to $484.19 per tonne, marking the highest level since December 2023. Subproducts like soybean meal and oil also saw significant price increases, reaching $388.67 and $1,601.20 per tonne respectively. The analyst Jeremias Battistoni notes that locally traded soybeans were priced between $365-$370 per tonne, with May contract prices hitting record levels. With 24.6 million tonnes still to be sold at a current FOB price of $500 per tonne, this represents a potential value of $12.3 billion.

Bias read (Center): While the article discusses economic developments under President Milei's administration, it presents factual data and expert analysis without overtly endorsing or criticizing the government's policies. It provides balanced information on market trends and includes perspectives from both industry (e

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