All the information related to grains and meat markets

Based on the first production forecasts and the current deferred FOB prices, trade of the main export products would result in a record income of foreign currency.

Climate change has exacerbated extreme events, including dry pulses. The US, Brazil and Argentina are among the countries that have lately suffered their impact, severely affecting the agricultural production.

The freight cost in Argentina is higher than in its two main grain-exporting competitors: USA and Brazil. Given the increase in ocean freight, it is no longer more expensive to carry grains from northern Argentina to Rosario ports than from there to China.

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.