Articles tagged under: Argentina
Argentina Suspends Export License Applications
Published December 13, 2023
Argentina has suspended new export licenses for grains and oilseeds. This decision follows the inauguration of Argentina’s new president. More economic measures are expected to be taken to address Argentina’s runaway inflation.A Regional Perspective on the Changes Happening in Argentina
Published November 23, 2023
Innovus Agra President Bret Oelke is home after a weeklong trade trip to Argentina. Oelke, who is a farm management coach, described it as an eye-opening experience. "It's facinating to learn about the economics production agriculture in an environment where they…Biden Congratulates New Argentine President
Published November 23, 2023
President Joe Biden spoke by phone with the incoming Argentine president Wednesday. Javier Milei is a conservative with plans to deal with runaway inflation. Biden and Milei spoke about shared interests, including food security and clean energy.Argentine Crush Plummets, Creates Opportunity for U.S. Processors
Published October 25, 2023
During a recap of the company’s third quarter financials, ADM CEO Juan Luciano said Argentina will likely run out of soybeans to crush next month. At that same time, the Green Bison Soy Processing Plant at Spiritwood, North Dakota will…Argy Implements ‘Soy Dollars’
Published April 10, 2023
To boost farm exports and pump more dollars into the economy, Argentina is creating a preferential exchange rate for the sale of soybeans. This same situation happened twice in the past year. The new rate is being applied immediately as…Brazilian Production Offsets Argentine Crop Losses
Published March 22, 2023
AgroConsult expects Brazil to export a record 96 million tons of soybeans this year. Soybean production is estimated at 155 million metric tons, up 2 million metric tons from the last forecast. Meanwhile, South American crop consultant Michael Cordonnier is…Early Frost Spells Trouble for Argentine Soybeans
Published March 2, 2023
Soybean and Corn Advisor President Michael Cordonnier cut his Argentine soybean crop estimate by two million metric tons due to ongoing drought. Cordonnier says Argentina is a mess. "There's problem after problem. They had an unbelievable early frost where it…Argentina Outlook Adds Fuel to the Fire
Published February 14, 2023
Farmers Business Network Chief Economist Kevin McNew says there’s a lot of optimism around the corn market. "Between the U.S. dollar strength and transportation struggles, it's been a struggle in the last year to see corn get exported to world…Argentine Weather Remains the Story
Published February 1, 2023
World Weather Incorporated Senior Agriculture Meteorologist Drew Lerner is painting a bleak picture for the Argentine crop. "They've had a terrible year with a lot of drought and poor potential yield. The early crop was much smaller due to the…