# We Grow Fuel Here: Fighting the Oil Slump by Bartering for Grain

> Argentine farmers are bartering soybeans for diesel from state oil company YPF, as inflation near 24% makes commodities more attractive than pesos. YPF generates about $1.4 billion a year in agriculture revenue and has become a major grain trader under President Macri's reforms.

- Date: 2017-07-07 · published 2017-07-07T12:00:00.000Z
- Category: market · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/69802-we-grow-fuel-here-fighting-the-oil-slump-by-bartering-for-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Barter deals and YPF's expansion into grain trading add to Argentine soybean and oilseed marketing flows, but the story describes structural changes rather than a new price-moving event.

## Read by commodity

- SOY: neutral
- WTI: neutral

## Sources

- sg.finance.yahoo.com: https://sg.finance.yahoo.com/news/grow-fuel-fighting-oil-slump-150123443.html

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