# What is happening in Argentina? – Ohio Ag Net | Ohio's Country Journal

> Javier Milei, Argentina's new president, took office on Dec. 10, 2023 and submitted a 664-point reform package to Congress covering economic sectors including agriculture. The article summarizes Argentina's weak macroeconomy, with 121.7% inflation in 2023.

- Date: 2024-02-06 · published 2024-02-06T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/13940-what-is-happening-in-argentina-ohio-ag-net-ohio-s-country-journal
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Proposed deregulation and tax reform could change Argentine agricultural export flows over time, while currency and inflation instability affects peso-denominated farm selling decisions.

## Read by commodity

- USDARS: neutral

## Sources

- ocj.com: https://ocj.com/2024/02/what-is-happening-in-argentina/

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