IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.59▼ 0.18% USD/CLP983.69▲ 1.70% USD/COP3,294▲ 0.60% USD/PEN3.42▲ 0.27% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 0.10% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.23▲ 0.80% BRENT 92.07 ▲ 0.63% WTI 86.25 ▲ 0.24% IRON ORE 161.91 — — COPPER 6.32 ▲ 1.62% GOLD 4,067 ▲ 0.92% SILVER 53.03 ▲ 3.77% SOY 1,227 ▲ 0.18% CORN 449.50 ▲ 0.11% WHEAT 600.25 ▲ 1.27% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.59 ▼ 0.17% USD/CLP 983.69 ▲ 1.70% USD/COP 3,294 ▲ 0.60% USD/PEN 3.42 ▲ 0.27% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.46 ▲ 0.10% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.23 ▲ 0.80% BRENT 92.07 ▲ 0.63% WTI 86.25 ▲ 0.24% IRON ORE 161.91 — — COPPER 6.32 ▲ 1.62% GOLD 4,067 ▲ 0.92% SILVER 53.03 ▲ 3.77% SOY 1,227 ▲ 0.18% CORN 449.50 ▲ 0.11% WHEAT 600.25 ▲ 1.27% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
since 2009
Wednesday, November 11, 2026

Argentina Latin America

Argentines Are Buying Half as Much Fruit and Veg

By · · 6 min read
A fruit and vegetable market stall.
You can read Argentina’s crisis in an empty produce basket. (Photo: Acabashi, CC BY-SA 4.0)

When people stop buying tomatoes and apples, it is rarely about taste. It is about what is left in the wallet after rent and utilities — and that signal is flashing red across Argentina’s provinces.

If you live in Argentina or watch it from abroad, you have heard the inflation numbers and the wage negotiations. But the real read on purchasing power is not in the indexes — it is in the produce aisle.

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Right now, that aisle is emptying out. Across Salta, Rosario, Chaco, and Mendoza, fruit and vegetable sales are falling sharply.

The worst cases show a 50% drop. This is not a niche market problem.

It is a direct measurement of how much money ordinary households have left after the essentials. It says Argentina’s food consumption is under severe strain.

Key Facts

  • Salta sales Fruit and vegetable sales down close to 50% year-on-year, per the Cofruthos cooperative.
  • Rosario drop Producer market reports a 50% decline so far this year, with one official saying “50% and even a bit more.”
  • Chaco retraction Horticultural cooperative sees sales off 30% to 40%, with an estimate of 40% fewer sales.
  • Mendoza trend Families buying smaller quantities despite some lower prices; no single percentage given.
  • Income squeeze Falling real wages and high inflation are forcing households to cut perishable food first.
  • Purchasing power Produce is a leading indicator of consumer stress because it is discretionary and non-storable.

The Numbers Tell a Stark Story

Start in Salta, where the Cofruthos cooperative reports fruit and vegetable sales down close to 50% compared to last year. That is not a rounding error or a seasonal blip.

It is a collapse. In Rosario, the producer market is seeing the same magnitude — a 50% decline so far this year.

One market official says the real number might be “50% and even a bit more.”

Chaco’s horticultural cooperative reports a retraction of 30% to 40%. It has an internal estimate of 40% fewer sales.

Mendoza does not have a single headline number. But the description is consistent: families are buying smaller quantities, even when some prices have come down.

The pattern is uniform across geography and climate. It runs from the northwest to the central farm belt to the northeast.

Live Market IntelligenceArgentina — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Argentina — Live Market Board

BYMA · Buenos Aires
Nov 11, 2026 · 05:14

S&P MERVAL · benchmark
2,848,945
—
-10.97% over 12 months

Market breadth · 12 names
58% advancing

7 ▲ advancing5 declining ▼

Currencies, rates & key inputs
USD / ARS
1,545
-0.03%

Brent crude
92.07
+0.63%

Soybeans
1,227
+0.18%

Sector heatmap · average move today
Technology
+3.02%
GLOBANT

Materials
+1.19%
ALUAR, LOMA NEGRA

Utilities
+1.03%
PAMPA, CEPU

Financials
+0.42%
GGAL, COME, BYMA

Energy
-0.05%
YPF, TGS

Telecom
-1.18%
TELECOM ARG

Mining
-1.28%
TXAR

Consumer Disc.
-1.39%
MIRGOR, MERCADOLIBRE

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
171,336.99
-0.52%

S&P/BMV IPCMexico
71,905.78
+0.05%

S&P IPSAChile
10,597.06
+0.07%

S&P MERVALArgentina
2,848,945
—

MSCI COLCAPColombia
2,528.01
-1.88%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
MERVAL 2,848,945 — -10.97% 2,859,051 — — —
USD/ARS 1,545 -0.03% +8.82% 1,546 1,545 1,545 —
YPF 6,505 +0.46% +15.44% 6,475 6,675 6,360 708,971
GGAL 4,950 -0.95% -40.39% 4,998 5,140 4,933 548,462
PAMPA 4,290 +0.29% -17.29% 4,278 4,390 4,235 351,604
TXAR 693.00 -1.28% -19.41% 702.00 709.50 673.50 619,637
ALUAR 774.50 +0.58% -29.51% 770.00 784.50 771.00 192,215
TGS 7,240 -0.55% -17.93% 7,280 7,450 7,120 44,794
CEPU 1,678 +1.76% -25.09% 1,649 1,678 1,600 129,716
MIRGOR 1,740 +0.00% -92.00% 1,740 1,780 1,695 3,523
COME 31.18 +2.20% -49.58% 30.51 31.40 30.76 3,810,293
LOMA NEGRA 2,978 +1.79% -12.78% 2,925 3,003 2,853 34,896
BYMA 198.00 +0.00% -32.82% 198.00 201.25 193.50 2,776,937
TELECOM ARG 3,340 -1.18% -8.15% 3,380 3,490 3,293 11,295
GLOBANT 48.84 +3.02% -22.36% 47.41 48.86 46.75 706,761
MERCADOLIBRE 1,490 -2.77% -29.02% 1,533 1,523 1,470 584,446

Largest moves today
GLOBANT
48.84
+3.02%
MERCADOLIBRE
1,490
-2.77%
COME
31.18
+2.20%
LOMA NEGRA
2,978
+1.79%
CEPU
1,678
+1.76%
TXAR
693.00
-1.28%
TELECOM ARG
3,340
-1.18%
GGAL
4,950
-0.95%

The session read
The S&P MERVAL was little changed on the session, with breadth positive — 7 of 12 names higher. Technology led, while Consumer Disc. lagged.

Why Produce Is the First Thing to Go

Fruits and vegetables are not like bread or rice. They are perishable, they require refrigeration, and they are easy to skip.

When a household’s real income shrinks, the first cuts are almost always in fresh food. You can stretch a bag of pasta.

You cannot stretch a head of lettuce. That makes produce the canary in the coal mine for consumer spending.

In Argentina’s current economic squeeze, with inflation running high and wages lagging, the math is brutal. A family that used to buy two kilos of oranges now buys one.

A shopper who bought a full basket of vegetables now picks three items. The cooperative leaders in Salta and Chaco are not talking about a preference shift.

They are talking about necessity. One Rosario official put it bluntly.

The decline is not because people changed their diets. It is because they cannot afford the basket they used to buy.

What This Means for Argentina’s Food Consumption

Argentina’s food consumption is becoming more calorie-dense and less nutritious. When fresh produce falls by half, households substitute with cheaper, shelf-stable staples.

Those staples include pasta, rice, flour, and processed goods. That is a public health issue in the making.

But it is also an economic signal. It means the domestic market for fresh produce is shrinking.

That pressures small farmers and cooperatives that depend on local sales.

For a country that prides itself on agricultural abundance, this is a paradox. Argentina exports beef, soy, and wine.

But its own citizens are eating fewer vegetables. The gap between what the country produces and what its people can afford is widening.

That gap is not captured in export statistics or GDP figures. It shows up in cooperative sales reports and in empty crates at the market.

Why You Should Care

If you are living in Latin America or have money invested here, this is a leading indicator you cannot ignore. Consumer staples are supposed to be resilient.

When even those are cut, it means the household budget is under extreme pressure. For investors, this signals weaker domestic demand across the board.

That includes clothing, appliances, and services, not just produce. For expats and nomads, it means the cost-of-living crisis is not abstract.

It is visible in every market stall and supermarket aisle.

The situation also carries political weight. Food consumption is a visceral issue.

When people feel they cannot feed their families properly, patience wears thin. Argentina has seen this before.

The social consequences are rarely mild. The produce data is not just a market report.

It is a measure of social stress. And right now, that stress is high.

Sources: Cofruthos (Salta); Rosario producers’ market; Chaco cooperative; Ámbito, August 2026.

Frequently Asked Questions

Is the drop in fruit and vegetable sales uniform across Argentina?

No. The most severe declines are reported in Salta and Rosario, both around 50%. Chaco is at 30% to 40%.

Mendoza shows smaller quantities purchased but no single percentage. The trend is consistent.

But the intensity varies by region and by the local mix of producers and markets.

What is causing the decline in produce consumption?

The primary driver is shrinking real household income under high inflation. Wages have not kept pace with prices.

So families cut discretionary and perishable purchases first. Produce is a classic first cut because it is non-storable and easy to replace with cheaper staples.

Does this affect small farmers and cooperatives?

Yes, directly. Cooperatives like Cofruthos in Salta and the horticultural cooperative in Chaco are reporting sales drops of 40% to 50%.

These organizations depend on local demand. When that demand falls, their revenue falls with it.

That can lead to reduced planting, layoffs, or consolidation in the sector.

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This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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