The low water level of the Paraná river limits late corn shippings. In August, vessels with corn were loaded 28,400 tons on average, one of the lowest values on record.
Exports, planted area and yield have been increasing sharply for a Peanut complex that continues making strong investments in Argentina. We summarize the latest achievements of this sector.
The export of beef will continue to be restricted at least until October 31st, affecting the domestic performance of the sector, as well as the domestic market. The main indicators already reflect the result of these measures.
During year 2021 to date, with the crop season under way, the main exporters of cereals, oilseeds and by-products in Argentina are Cargill and COFCO, with 9.4 and 9.3 Mt, respectively.
During the last few weeks, rises of wheat prices boosted trades of harvest 2021/22. Export sales of corn reach record levels for this moment of the year. Soybean processing fell in July, although accumulated values keep above last year’s.
All the information related to grains and meat markets
The logistic difficulties derived from the low water level of the river harm the competitiveness of the Argentinian grains, which adds to the seasonal pressure of the crop. Also, soybean imports during this crop season to date reach a record.
In the context of Argentina’s commitment to the United Nations Framework Convention on Climate Change, we analyse biofuel potential for decarbonisation and reducing emission of greenhouse gases in the country.
Since beginnings of July, the number of harvested hectares of corn has grown considerably, which resulted in a high number of truck arrivals to the ports.