# War-driven cost surge squeezes Argentina farm margins, but record crop still seen boosting dollar inflows - DatamarNews

> The BCR projects Argentina's 2025/26 crop campaign will generate more than $35.375 billion in foreign-currency inflows, about $850 million above earlier forecasts, on a record harvest and firm prices. Middle East war is raising ocean freight by as much as 50%, along with fuel and fertilizer costs, squeezing farm margins.

- Date: 2026-04-24 · published 2026-04-24T12:00:00.000Z
- Category: geopolitics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13801-war-driven-cost-surge-squeezes-argentina-farm-margins-but-record-crop-still
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Urea](https://feedsoft.ai/c/UREA.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Higher freight, fuel and fertilizer costs weigh on Argentine producer margins and could curb planting, while strong export dollar inflows support the peso and central bank reserves.

## Read by commodity

- UREA: bullish ▲
- DIESEL: bullish ▲
- USDARS: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-03-17 | [War-driven diesel rally continues to lift soybean oil amid renewable diesel margin strength - Fastmarkets](https://feedsoft.ai/events/4711-war-driven-diesel-rally-continues-to-lift-soybean-oil-amid-renewable-diesel.md) | +6.6% | -5.4% |
| DIESEL | 2026-03-24 | [Farm Input Costs Surge Amid Iran Conflict - AgWeb](https://feedsoft.ai/events/4632-farm-input-costs-surge-amid-iran-conflict-agweb.md) | +7.5% | -8.1% |
| DIESEL | 2024-01-30 | [Red Sea worries cause spike in refined fuel prices, but market will adjust](https://feedsoft.ai/events/32300-red-sea-worries-cause-spike-in-refined-fuel-prices-but-market-will-adjust.md) | -3.7% | -3.3% |
| DIESEL | 2026-09-18 | [From war to weather, Australian farmers are planting spring crops in an uncertain world](https://feedsoft.ai/events/17455-from-war-to-weather-australian-farmers-are-planting-spring-crops-in-an.md) | -6.6% | -4.9% |
| DIESEL | 2026-03-24 | [Oil price rises, Australian dollar falls as Strait of Hormuz remains effectively shut - ABC News](https://feedsoft.ai/events/20409-oil-price-rises-australian-dollar-falls-as-strait-of-hormuz-remains-effectively.md) | +7.5% | -8.1% |
| UREA | 2022-04-27 | [Rocketing fertiliser prices forecast to continue amid war and surging cost of fuel](https://feedsoft.ai/events/6218-rocketing-fertiliser-prices-forecast-to-continue-amid-war-and-surging-cost-of.md) | -18.9% | -19.2% |
| UREA | 2026-03-05 | [Farmers see fertiliser price surge as Iran war blocks exports, threatening losses \| Reuters](https://feedsoft.ai/events/6254-farmers-see-fertiliser-price-surge-as-iran-war-blocks-exports-threatening.md) | +3.0% | +20.1% |
| UREA | 2026-03-05 | [Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?](https://feedsoft.ai/events/6256-fertiliser-costs-are-soaring-amid-war-in-the-middle-east-will-your-grocery-bill.md) | +3.0% | +20.1% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/war-driven-cost-surge-squeezes-argentina-farm-margins-but-record-crop-still-seen-boosting-dollar-inflows/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.