Farmers in Argentina, one of the world’s top grain suppliers, are set to favor corn over soybeans in the upcoming 2025-26 season.
Tag Archives Argentina
Argentine farmers plan to increase corn acres
Stronger prices for corn and lower export taxes likely influence seeding plans
Bunge charters first Argentine soy meal cargo to China, shipping data show
Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.
Argentine oilseed sector meets China in bid to unlock soymeal exports
Argentina's oilseed export chamber has met with Chinese officials and discussed at length the possibility of opening up soymeal exports for the first time.
USDA makes small cuts to corn, wheat ending stocks
Few changes the central theme in June report
The June supply/demand report from the United States Department of Agriculture contained very few changes from May. The USDA issued its World Agricultural Supply and Demand Estimates on June 12, showing some declines for U.S. corn and wheat ending stocks, while those for soybeans were unchanged.
Canola climbs higher but faces obstacles
Brisk exports lead to rising prices but tariffs and oil pricees loom in the background
The July canola contract on the Intercontinental Exchange reached a significant price level during the week ended May 1.
Southern Hemisphere pressures wheat market
Increased wheat production in Argentina and Australia is expected to make 9.15 million more tonnes available for export
The wheat market continues to struggle, despite some positive news from the Black Sea region. Russia has announced a large drop in its wheat export potential by reducing the February through June export limit to 11 million tonnes. This is down 18 million tonnes from last year during the same period. The Russian government also […] Read more
Argentina may add to large soybean supplies
Country’s farmers are expected to grow more soy as they worry about an insect plague that has damaged the corn crop
BUENOS AIRES, Argentina (Reuters) — Argentine farmers are likely to plant more soybeans in the current 2024-25 season, trimming the area dedicated to corn after that crop’s last harvest was hit by a devastating insect plague and with rain forecasts looking rosier for soy. The trend could see the largest expansion in soybean planting in […] Read more
Harvest trouble spells disaster for Argentine bean sales
SASKATOON — A major player in the bean market is having a disastrous year. “We are in a painful situation around here,” Lucas Genera, a trader with Agrofin, said during the Global Pulse Confederation’s (GPC’s) Argentina Pulses Update webinar. Related stories: “It is the worst crop since the drought of 2013.” He is forecasting the […] Read more
Price slip increases wheat’s competitiveness
Canadian wheat prices had been the highest among major exporters, but they have now dropped to the middle of the pack SASKATOON — Canada’s wheat prices have become more competitive of late, according to the U.S. Department of Agriculture. They were the highest of all the major exporters from November 2023 through June 2024, but […] Read more
China opens wheat door to Argentina
SASKATOON — There is a new competitor in Canada’s top wheat market, but an analyst isn’t too concerned about the threat. Argentina and China agreed on a phytosanitary protocol in October 2023, paving the way for Argentine wheat to be imported by the Asian giant. Related stories: China, Indonesia to remain top wheat buyers Watch […] Read more
