The volatility of the dollar during 2022 has shaken the financials of the agricultural business, with mixed outcomes for the sector. For some companies, particularly in areas where a significant portion of revenues is received in dollars and most costs are in pesos, such as the fruit industry, the trend has been positive.
Rodrigo Donoso, a partner at the consulting firm Agrocapital, argues that the rise in the dollar is due to several factors. Firstly, there is a speculative component; additionally, the external strength of the dollar plays an important role. Another factor is the development of the war in Ukraine, and finally, global inflation, which is around 8% annually in the United States.
