Argentina | Red River Farm Network

South American Corn Production Unchanged in June USDA Report

Published June 11, 2020

USDA raised left South America’s corn production unchanged with Brazil’s crop pegged at 101 million tonnes and Argentina’s corn crop at 50 million tonnes. Globally, old crop soybeans were estimated at 99.2 million tonnes, down from 100.3 million in May.…

Argentina Takes Over Bankrupt Soybean Crusher

Published June 10, 2020

The Argentine government is taking over a major soybean crusher that is going through financial problems. Vicentin entered bankruptcy in February had about 20 percent market share of Argentina’s soybean meal market and 23 percent of soybean oil sales. A…

Global Corn Production May Also Hit a Record

Published May 12, 2020

USDA expects record world 2020/21 corn production and use and larger ending stocks. Ending stock are expected to be 339.6 million metric tons. Global soybean production is forecast to be up 26.6 million tonnes to 362.8 million, with the Brazil…

Rumor Has It China is Shopping Around for Grain

Published March 19, 2020

Standard Grain President Joe Vaclavik says rumors China is shopping for commodities and possible port closures in Argentina have brought some buying into the grain market. "Nothing is confirmed yet, but we've heard things circulating. Another piece of news friendly…

Record South American Soybean Crop Still Expected

Published March 16, 2020

Soybean and Corn Advisor President Michael Cordonnier says hot, dry weather is taking its toll on Argentina’s soybean crop. "It's been hot and dry about three weeks. It's hitting the soybeans as they're filling pods and it's really taken a…

No Major Changes Made in March WASDE Report

Published March 10, 2020

As expected, the USDA didn’t make major changes in the March World Agricultural Supply and Demand Estimate report. U.S. wheat, corn and soybean production and ending stocks were all unchanged from the February report. USDA did raise global oil seed…

Argentina Raising Soy Export Taxes

Published March 6, 2020

According to Argentina’s agricultural ministry, the Argentine government will raise export taxes on soybeans and soybean products. That increase could range from three percent to 33 percent for the largest producers. The ministry says the government will compensate farmers who…

USDA Raises Global Soy Ending Stocks in February Report

Published February 11, 2020

In the February USDA Supply/Demand report, USDA raised global soybean ending stocks to 98.9 million metric tons on an increase in Brazilian soybean production. USDA increased Brazil’s soybean production two million metric tons to a record 125 million metric tons.…

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…

Articles tagged under: Argentina

South American Corn Production Unchanged in June USDA Report

Argentina Takes Over Bankrupt Soybean Crusher

Global Corn Production May Also Hit a Record

Rumor Has It China is Shopping Around for Grain

Record South American Soybean Crop Still Expected

No Major Changes Made in March WASDE Report

Argentina Raising Soy Export Taxes

USDA Raises Global Soy Ending Stocks in February Report

Brazil Corn and Soybeans Developing Nicely

Argentine Bumps Tax Rate on Soybeans, Corn, Wheat

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