# US$30bn export deluge gives Milei chance to rebuild reserves | Buenos Aires Times

> The Buenos Aires Times reports that Argentina expects a flood of hard currency, around US$30 billion over the next six months, driven by surging oil output and a strong crop harvest. The Central Bank has begun buying dollars to add US$8 billion to reserves, a new IMF programme condition. Milei has warned that rapid reserve accumulation could inject pesos and fuel inflation.

- Date: 2026-04-22 · published 2026-04-22T12:00:00.000Z
- Category: trade · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/19998-us-30bn-export-deluge-gives-milei-chance-to-rebuild-reserves-buenos-aires-times
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy farm export flows strengthen the peso and push the central bank to buy dollars, which keeps the currency firm and supports Argentina's export earnings. A strong harvest sold abroad adds to global soymeal and grain supply, which is bearish for feed prices.

## Read by commodity

- SBM: bearish ▼
- USDARS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-05-06 | [Argentina fights to save huge soy exports after Dutch rejections \| Buenos Aires Times](https://feedsoft.ai/events/13796-argentina-fights-to-save-huge-soy-exports-after-dutch-rejections-buenos-aires.md) | +4.1% | +1.9% |
| SBM | 2023-05-31 | [Soybean exporters sell record-high US$1 billion in one day - Buenos Aires Herald](https://feedsoft.ai/events/36239-soybean-exporters-sell-record-high-us-1-billion-in-one-day-buenos-aires-herald.md) | +1.0% | +2.7% |
| SBM | 2019-05-16 | [Trade-war crop rout imperils government's bid to revive economy \| Buenos Aires Times](https://feedsoft.ai/events/58925-trade-war-crop-rout-imperils-government-s-bid-to-revive-economy-buenos-aires.md) | -0.5% | +7.3% |
| SBM | 2025-11-12 | [China's soybean glut could defeat US export hopes after trade thaw \| Reuters](https://feedsoft.ai/events/21942-china-s-soybean-glut-could-defeat-us-export-hopes-after-trade-thaw-reuters.md) | +2.6% | -6.0% |
| SBM | 2021-12-03 | [US Soybean Export Sales Running Out of Time](https://feedsoft.ai/events/43683-us-soybean-export-sales-running-out-of-time.md) | +2.4% | +13.0% |

## Sources

- batimes.com.ar: https://www.batimes.com.ar/news/economy/argentina-export-deluge-gives-milei-chance-to-rebuild-dollar-reserves.phtml

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