Argentine Devaluation to Get $2.4 Billion From Crops by Year-EndBy and
Peso plunge prompts exports of hoarded soybeans, corn
Shipments on pace for $400 million a day under new accord
Grain exports from Argentina, the world’s third-largest shipper of corn and soybeans, will add $2.4 billion to the country’s foreign reserves by year-end after the new administration allowed the biggest one-day peso devaluation in the last 14 years Thursday.
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