Global food exporter Argentina is struggling to find a middle ground between its producers and government policies—a rift that may lead to even higher world prices for corn, soy, and wheat.
Since the onset of the pandemic, Argentinian farmers have been fighting an uphill battle against a surge in government export taxes, severe inflation, and a devalued currency.
In the midst of this, growers are also dealing with fuel shortages resulting from Russia’s conflict in Ukraine.
Inflation in Argentina is approaching 70 percent and experts forecast it could reach up to 90 percent by the end of the year.
Runaway inflation has facilitated one of the primary issues farmers are having with their government, which is payment….