Argentine farmers buy vehicles with less soy, but dairy sector struggles

Argentine agricultural producers are experiencing a more favorable economic climate, with improved purchasing power for investments in machinery and vehicles. A recent report by Coninagro indicates that sectors like agriculture and livestock have seen their capacity to buy goods such as pickup trucks, tractors, and even land increase compared to July 2025.

This recovery is attributed to a partial rebound in relative prices over the past year. For instance, purchasing a Toyota Hilux 4x4 pickup truck now requires 11,238 kilograms of young cattle, a 22.5% decrease from the previous year, saving producers 3,262 kilograms of meat. Similarly, acquiring the same truck with soybeans now demands 107 tons, a 20% reduction from last year, saving 26 tons.

Wheat and corn producers also benefit from this trend, needing fewer tons to purchase equipment. However, the situation is not uniform across all agricultural activities. The dairy sector faces a worsening scenario, requiring 99,755 liters of milk for the same pickup truck, a 5% increase from last year. The yerba mate industry has seen an even more significant decline, needing 202 tons, a 35% increase from July 2025.