6 February, 2023
Argentina’s main export product showing low levels in January after the strong trades done last December, due to the Government’s “Dollar Soya II”.
30 January, 2023
Between 1-26/DEC, 485,000 MT of wheat were discharged at Upriver ports, 80% below last year, and the lowest level recorded since 2013. The supply shortage supports prices, and the US takes advantage of the situation to increase area.
12 December, 2022
Wheat milling closed the 2021/22 marketing year stable in terms of processed tons, while flour production may have been the second largest. However, the outlook poses challenges for the new season.
5 December, 2022
The 2021/22 wheat season started on the first day of December 2021 and ended on 30 November 2022. More than 25 million tons were traded in the domestic market, while more than 15 million tons were declared as exports.
14 November, 2022
The low soil moisture prevents more stronger progress in the planting of grains in Argentina. The Parana River levels rise and improves the loading of ships at Upriver. How are the corn and soybean markets?
24 October, 2022
Main reasons for slower trading pace for the new sunflower crop: World market uncertainty, less-than-optimal production conditions and drop in prices.
17 October, 2022
Lack of rain hinders corn sowing in Argentina. September, a month of very high soybean truck arrivals, with good prospects for October. Lower production and recession fears: October WASDE and price outlook.
3 October, 2022
Uncertainty in the outcome of the Black Sea conflict, along with the volatility in world trade, continue to drive up prices. Locally, Argentine milling continues to increase 0.5 Mil MT per month.
26 September, 2022
Soybean delivery at Upriver last week grew by 120% over the average of the past three months. SB imports continue at their lowest level in five years. While the drought surprises in the United States, funds are taking positions.
19 September, 2022
The robust late-crop corn strongly enforces maize stock ready to supply Argentina’s domestic and export markets. In addition, conservative trade estimates in the US push prices upward.
12 September, 2022
The Export Increase Program caused high levels of purchases, which turned into exports, thus reducing prices. Upward adjustment of biodiesel prices. Corn peaks at equilibrium volume.
5 September, 2022
Agriculture represents a mere 7.7% of Argentine imports. So far in 2022, those imports have grown by more than 45%, thus substantially limiting the trade surplus. Energy imports grew the most by far.
29 August, 2022
To date, the main exporters of grains, oilseeds and by-products in Argentina have been Cargill and COFCO with 9.6 and 9 Mil MT respectively, while Bunge completes the podium, coming in 3rd place.
22 August, 2022
The supply needs of the local market put pressure on the prices of spot deliveries, surpassing values of the deferred oilseed deliveries. Investment funds reduce their long positions in coarse grains.
8 August, 2022
The flow corn trucks to port terminals in the last month was lower than 2021 as harvest slows down, as well as showing lower yields. Additionally, the production of biodiesel grew strongly in the first semester.
1 August, 2022
Wheat stocks of the world’s largest exporters have been decreasing, and cereal prices continue to show a bullish response. For this reason, and with greater export potential, Argentina has distributed its shipments among a greater number of destinations.
25 July, 2022
Agro-industrial shipments in the first half of the year have reached 51.2 Mil MT, 6% more than in the first half of last year. Asia continues to be the main destination for Argentine shipments.
18 July, 2022
From nominal values reached recently, soybean prices fell by almost 25% and corn prices by 28%. A strong dollar coupled with looser balance sheets explains the declines.
11 July, 2022
For the 2021/22 sorghum campaign, a production decrease close to 500,000 tons is expected, when compared to the previous cycle. Furthermore, same as in the last campaign, exports will represent the main destination of the commercial activity.
28 June, 2022
With almost three months passed since the beginning of the 2021/22 soybean commercial campaign, the commercialization of the oilseed remains at low levels, measured in absolute terms, with only 18.5 Mil MT originated to date by the industrial and exporting sectors.
22 June, 2022
While the maize harvest is delayed due to high moisture, wheat planting scales up to 31% of the target area. In the United States, wheat ends its 2021/22 campaign with the worst volume of exports on record.