The latest projections from the Buenos Aires Stock Exchange anticipate that exports from the main grain complexes could fall by between US$9.2 billion and US$14.1 billion. In terms of tax collection, the State would lose out on between US$3.1 billion and US$4.7 billion. That is why the moderate scenario suggests that income from exports would fall by US$9.2 billion at a minimum and US$14.1 billion at most. The second one is a pessimistic scenario (a more pronounced drought), with 35.5 million, 37.8 million and 3.5 million tons. Regarding the baseline scenario, their contribution would drop between US$3.3 billion and US$6.3 billion, depending on the final scenario.

Source: Bueno Aires Herald January 13, 2023 06:27 UTC