World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

After the corn harvest delays of last year, most Argentine exporters cut their programs for March shipment in order to reduce high demurrage rates should there be a repeat this year. There is also another big risk, and the effect of this situation is already apparent in the FOB market and corn premiums. Soybeans Argentina’s soybean crop situation is good, and production forecasts remain at 54.5-55 MMT for the current year. However, the high soil moisture and hot temperatures in the flooded areas are bringing danger of some diseases to the crop. Additionally, traders are on alert because March rains are expected to be higher than usual (above 150 millimeters). This might complicate the harvest when farmers go inside the fields of Santa Fe...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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