Argentina | Red River Farm Network

Brazil Corn and Soybeans Developing Nicely

Published December 26, 2019

Brazil INTL consultant Kory Melby says the corn and soybeans in Brazil are developing nicely. "I was in the Mato Grosso area two weeks ago and Brasilia this last week. There's not a bad soybean field to be found. One…

Argentine Bumps Tax Rate on Soybeans, Corn, Wheat

Published December 17, 2019

Argentina’s new president has increased the tax rate on key farm commodities. The rate for soybeans, soyoil and soymeal will go from 25 percent to 30 percent. The tax rate on corn and wheat goes from seven percent to 12…

More Soybeans Than Corn Expected in Argentina

Published November 27, 2019

The new government in Argentina is raising export taxes on soybeans to 35 percent, but Soybean and Corn Advisor President Michael Cordonnier still expects Argentina’s farmers to plant more soybeans than corn. "There was a lot of forward contracting to…

Grain Traders Shifting Focus Toward South America Soon

Published November 6, 2019

Bower Trading President Jim Bower says once Friday’s USDA reports are released, the focus of traders will quickly shift to South American production. "Argentina has dry issues like Brazil, but with the next storm fronts approaching, it looks like 80…

A Political Change in Argentina

Published October 28, 2019

Argentina is getting a new president. Alberto Fernandez defeated incumbent Mauricio Macri. Macri had broad support from Argentine farmers, but was criticized for ongoing economic problems. Argentina’s new vice president is former President Cristina Fernandez de Kirchner. During her administration,…

A Slow Start for Planting in South America

Published October 4, 2019

South America’s planting season is off to a slow start. "Especially in Brazil, the soybeans are about two percent planted," said Michael Cordonnier, president, Soybean and Corn Advisor. "It's been a slow, uneven start to the summer rainy season." Argentina’s…

China Buys More South American Soybeans

Published May 20, 2019

AgriCensus reports two state-owned Chinese buyers stepped up its purchases of South American soybeans, purchasing at least eight cargoes over the past week. Sinograin and COFCO reportedly was on the sidelines, waiting for an agreement between the U.S. and China.…

A Corn and Soy Boost for South America

Published May 10, 2019

USDA bumped Argentina’s corn production in the May Supply and Demand report from April estimate of 48.2 to 49 million tonnes. Brazil’s corn production increased from 96.6 million tonnes to 100 million tonnes. Brazil’s soybean production is estimated at 117…

USDA South American Production Estimates Mostly Unchanged

Published March 8, 2019

USDA reports Argentine corn production is at 46 million metric tons, unchanged from one month ago. This is also close to trade expectations. Soybean production is at 55 million metric tons, unchanged from one month ago and slightly below trade…

Dry Conditions Taking Toll on Brazil Crops

Published January 18, 2019

South American weather continues to have influence in the grain markets, though not much has changed for the weather outlook. World Weather Incorporated Senior Agricultural Meteorologist Drew Lerner says it's still pretty dry in Brazil. As a result, Brazilian corn…

Articles tagged under: Argentina

Brazil Corn and Soybeans Developing Nicely

Argentine Bumps Tax Rate on Soybeans, Corn, Wheat

More Soybeans Than Corn Expected in Argentina

Grain Traders Shifting Focus Toward South America Soon

A Political Change in Argentina

A Slow Start for Planting in South America

China Buys More South American Soybeans

A Corn and Soy Boost for South America

USDA South American Production Estimates Mostly Unchanged

Dry Conditions Taking Toll on Brazil Crops

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