World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina’s new crop soybean market was active again this week. Two CNF cargoes were traded at $110 and $106 over the July CBOT contract, and one FOB cargo was sold at $42 over the same. Meanwhile, the spot market was quiet with only one seller offering $130 over November CBOT futures for a 15 August shipment. Soybeans Argentina’s new crop soybean market was active again this week. Two CNF cargoes were traded at $110 and $106 over the July CBOT contract, and one FOB cargo was sold at $42 over the same. All three trades were for 15 April and 15 May shipment. July exports totaled 1.2 MMT. Of the 8 MMT export licenses issued, 6.3 MMT were loaded through the end of July with 1.8 MMT remaining. The August lineup already has 1.5 MMT, so Septemb...

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