Argentine agriculture is gearing up for a high-impact year in 2026 in terms of foreign currency inflows. According to estimates from the Rosario Grain Exchange (BCR), the sector is projected to liquidate a total of US$34.530 billion throughout the year. This influx of dollars, vital for the Central Bank’s reserves, is supported by a total grain production that is expected to reach 160 million tons.

In terms of foreign trade, a historic “leap” is anticipated: exports of grains and by-products are projected to reach 113 million tons. This figure represents an unprecedented volume, surpassing the previous record from the 2018/19 campaign by nearly 10 million tons.

The Strategic Role of Up River

For our region, the most relevant data is that approximately 80% of this exportable flow—and therefore of the foreign currency liquidation—will pass through the port terminals that make up the Up River. The logistical infrastructure installed in the Agroindustrial Corridor (San Lorenzo, Puerto San Martín, and Timbúes) will enable the channeling of this record volume of shipments, consolidating it as the main customs entry point for the National Government.

Revenue and Projections

The report also highlights the direct contribution to the treasury. From export duties (withholdings) on the six main complexes (soybeans, corn, wheat, sorghum, barley, and sunflower), the State is projected to collect US$4.650 billion in 2026.

Despite volatility in international prices, the recovery in production—with corn contributing 62 million tons and soybeans 48 million tons—will offset the balance to maintain liquidation levels similar to last year. Starting this month of March, the trend is expected to reverse positively, with monthly liquidations rising above the average of the last five years, marking the start of a high-activity season in our ports.