Articles tagged under: Argentina
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…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…