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
Tag Archives Argentina
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
Argentine wheat crop faces risks
BUENOS AIRES, Argentina (Reuters) — Argentina’s agricultural heartland needs more rain soon to avoid wheat productivity losses and finish planting early season corn, after showers late last month failed to quench parched farmlands, the Rosario grains exchange said Oct. 4. Agricultural powerhouse Argentina is a key global exporter of wheat and the world’s third-biggest corn […] Read more
El Nino should benefit South American crops
South American crop production should benefit from the El Nino weather phenomenon that is expected to be in place through the northern hemisphere winter, says an analyst. It will be a welcome reprieve from three consecutive years of La Nina, especially in Argentina, which is still recovering from the worst drought in 60 years. “Their […] Read more
Argentine bean crop suffers amid fourth year of drought
Production losses could be severe for one of Canada’s main competitors as a lack of rain and potential frost risk threaten
One of Canada’s key dry bean competitors will be less active in export markets in 2023-24. Horacio Fragola, a trader with Alicampo, told the Global Pulse Confederation (GPC) that Argentina is experiencing the fourth consecutive year of drought. There wasn’t enough rain for many farmers to plant pulses during the ideal seeding window between Feb. […] Read more
Argentine bean crop suffers amid fourth year of drought
Production losses could be severe for one of Canada’s main competitors as a lack of rain and potential frost risk threaten crops.
Rain improves wheat prospects in Argentina
Argentina is the world’s leading exporter of processed soybeans as well as a major corn and wheat supplier, but its production has been hurt by drought and other severe weather, causing major losses for farmers and the cash-strapped government.
Argentina hikes domestic ethanol prices
REUTERS — Argentina’s government on May 29 increased domestic prices of both sugarcane and corn-based ethanol for blending with gasoline, according to the country’s official gazette. The Ministry of Economy’s energy secretariat set the price of bioethanol at 155.168 Argentine pesos (86 cents C) per litre, up from 148.479 pesos (83 cents) previously, the government said. […] Read more
