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2025-11-03 19:06:27
[Argentine Agricultural Exports Halved, October Revenue Plunges 56%] ⑴ Data released Monday by the CIARA-CEC Chamber of Grain Processors and Exporters of Argentina showed that the country's agricultural export revenue plummeted by 56% year-on-year in October, indicating severe pressure on the trade of major agricultural commodities. ⑵ Specific financial data shows that total agricultural export revenue for the month was only US$1.12 billion, a precipitous drop compared to the same period last year. ⑶ As a major global agricultural exporter, this sharp decline may indicate a structural change in global agricultural trade flows. ⑷ Although the reasons for the decline were not explicitly stated, such a significant drop in revenue usually reflects the combined effect of declining export volume and prices, and its subsequent impact on the global supply chain needs close monitoring.
