# Argentina's Agribusiness Faces up to the Coronavirus Crisis - Rabobank

> Rabobank reports that Argentina's agribusiness sector has been classified as essential during its nationwide COVID-19 quarantine, keeping grain transport moving after a federal decree resolved truck restrictions. Lenders are becoming more selective and borrowing costs have risen, though growers face few liquidity constraints because many sold winter crops early.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: logistics · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/53489-argentina-s-agribusiness-faces-up-to-the-coronavirus-crisis-rabobank
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Essential-service status keeps Argentine grain and meal flowing to ports, limiting supply disruption. Higher credit costs could slow farm input purchases and marketing, a modest factor for meal and corn export availability.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-05-23 | [Stranded grain ships to be towed to decongest port in Argentina - BusinessWorld Online](https://feedsoft.ai/events/47133-stranded-grain-ships-to-be-towed-to-decongest-port-in-argentina-businessworld.md) | -0.7% | -6.8% |
| SBM | 2021-03-23 | [Argentina's crush workers suspend strike threat pending fresh talks - Fastmarkets](https://feedsoft.ai/events/47974-argentina-s-crush-workers-suspend-strike-threat-pending-fresh-talks-fastmarkets.md) | -0.1% | +2.6% |
| SBM | 2024-09-19 | [Argentina grains ships load less cargo as river levels hit near-record lows](https://feedsoft.ai/events/13899-argentina-grains-ships-load-less-cargo-as-river-levels-hit-near-record-lows.md) | +2.4% | -1.8% |
| SBM | 2020-07-20 | [Argentina's loss in soy oil exports due to Paraná river drought is Brazil's gain - DatamarNews](https://feedsoft.ai/events/51948-argentina-s-loss-in-soy-oil-exports-due-to-parana-river-drought-is-brazil-s.md) | +1.5% | +1.1% |
| SBM | 2019-07-16 | [The Port of New Orleans reopens as embargoes slow rail traffic \| 2019-07-16  \| Food Business News](https://feedsoft.ai/events/58110-the-port-of-new-orleans-reopens-as-embargoes-slow-rail-traffic-2019-07-16-food.md) | -1.0% | -6.3% |
| CORN | 2021-05-23 | [Stranded grain ships to be towed to decongest port in Argentina - BusinessWorld Online](https://feedsoft.ai/events/47133-stranded-grain-ships-to-be-towed-to-decongest-port-in-argentina-businessworld.md) | -0.3% | +2.2% |
| CORN | 2022-11-10 | [Explainer: Can Ukraine's grain deal ease the global food crisis?](https://feedsoft.ai/events/14439-explainer-can-ukraine-s-grain-deal-ease-the-global-food-crisis.md) | +1.8% | -5.0% |
| CORN | 2025-11-26 | [Sea freight rates remain mostly stable - ProAgro Group Leader of the Ukrainian market of agricultural business events](https://feedsoft.ai/events/14163-sea-freight-rates-remain-mostly-stable-proagro-group-leader-of-the-ukrainian.md) | +1.3% | +3.2% |

## Sources

- rabobank.com: https://www.rabobank.com/knowledge/q011334163-argentina-s-agribusiness-faces-up-to-the-coronavirus-crisis

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