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Stock impact report

Diesel Shortages Wreak Havoc as Top Soy Exporter Starts Harvest [Financial Post (Toronto, Ontario, Canada)]

YPF Sociedad Anonima (YPF) 
Last ypf sociedad anonima earnings: 3/9 04:01 pm Check Earnings Report
US:NYSE Investor Relations: ypf.com/enu/inversoresaccionistas
Company Research Source: Financial Post
Farmers ready for fieldwork and truckers who drive the crops to port are reporting rationing and soaring prices across the Pampas growing belt, with protests this week along key trucking routes. Argentina is the world's biggest exporter of soy meal and soy oil and the third-biggest corn supplier. Read More: Argentina Grain Truckers to Strike Amid Diesel Shortages Advertisement 2 Article content If the soy harvest gets delayed, plants would start to shed beans and lose yield, according to Esteban Copati, head of crop estimates at the Buenos Aires Grain Exchange. High diesel prices, he said, also risk squeezing profit margins that are closely watched by traders because they impact farmers' planting and selling strategies. Oil-rich Argentina produces plenty of diesel, but it also intervenes in energy markets. Right now, it's trying to shield Argentines suffering inflation running at 52% from the global oil rally. Local crude traded at around $60 a barrel in March even as inter Show less Read more
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