Overview
- BCR projects September–December agro-exports at US$10.154 billion, putting 2025 totals near US$31.564 billion and 97.5 million tonnes.
- Registrations of export sales (DJVE) fell to roughly 3.1 million tonnes in August after declarations were pulled forward in June during a temporary duty cut.
- The soybean complex leads with exceptional activity, including about 8.4 million tonnes of beans sold abroad and strong oil and meal shipments supported by demand trends.
- Maize lags with cumulative declared sales stuck near 22.2 million tonnes and only about 310,000 tonnes registered in August, well below historic norms.
- Private estimates reported by Clarín see last‑quarter dollar liquidation around US$9.949 billion, and BCR notes the sector’s earlier net inflows helped the Central Bank add US$10.332 billion to gross reserves in the first half.