Articles tagged under: Argentina

Argentine Soy Crush Companies Make Offer to Port Workers

Published December 28, 2020

In an effort to end the port worker and soybean crush facility workers strike, Argentina’s soybean crush companies are offering a salary increase of 35 percent plus a 70,000 Argentine peso ($840) COVID bonus. These workers are demanding wage increases…

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Port Strike Continues in Argentina

Published December 24, 2020

The port strike in Rosario, Argentina backed up ships waiting to load soybean products last week and the strike is expected to continue at least another 24 hours. "It's slowing down the shipments of soybean meal out of there," said…

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Argentina and Brazil Getting Rain, But More Needed

Published November 30, 2020

The major corn and soybean growing areas of South America are getting some rain this week. World Weather Incorporated Senior Agriculture Meteorologist Drew Lerner says relief won’t come for everyone at once and dryness across Brazil remains widespread. "Much of…

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Dryness Persists in Brazil and Argentina

Published November 15, 2020

In the past six weeks, a large part of Argentina has only had 50 to 75 percent of normal rainfall. World Weather Incorporated Senior Agricultural Meteorologist Drew Lerner says the most important crop growing areas of Brazil are also dry.…

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South American Weather Coming Into Greater Focus for Markets

Published November 2, 2020

Advance Trading Commodity Research Analyst Brian Basting expects grain traders to wait for a fresh start after the elections on Tuesday. "Not only could we know what the political climate will look like on Wednesday morning, but we'll also start…

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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.…

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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…

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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…

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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…

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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…

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