Argentina | Red River Farm Network

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…

Peso Plummets in Argentina

Published September 3, 2018

The Argentine economy is in a freefall. To prop up the value of its currency, the Central Bank of Argentina raised its key interest rate to 60 percent Wednesday. That's up from the previous rate of 45 percent. To stabilize…

Mixed Predictions for Brazilian and Argentine Production

Published June 12, 2018

USDA is forecasting Brazilian corn production at 85 million metric tons. That’s down two million tons from last month, but was within trade expectations. Brazilian soybean production is estimated at 119 million metric tons, up two million tons from last…

Cargill Buys Larger Share of Argentine Joint Venture

Published May 31, 2018

Cargill now has majority interest in its joint venture with the Argentine agribusiness firm called Ledesma. The Minnesota company paid $66.5 million to take control of Glucovil. Cargill owns 70 percent of the joint venture and has the option to…

Time Needed to Repair Key Rosario Port Terminal

Published May 9, 2018

The Argentine port terminal that was damaged last month may not be back in operation for another year-and-a-half. A cargo ship collided with a dock in the port city of Rosario, causing serious damage. Argentina is the world’s largest exporter…

U.S. Pork to Argentina

Published April 13, 2018

The United States and Argentina finalized an export certificate allowing U.S. pork to be shipped to Argentina. The National Pork Producers Association says the new opening represents the first time in 25 years U.S. pork will be allowed into Argentina.…

Hopeful for a Positive Trade Resolution

Published April 5, 2018

The Chinese are saying the potential soybean tariffs are based on steps taken by the Trump Administration. China is the buyer for more than 60 percent of the total U.S. soybean exports. American Soybean Association Treasurer Bill Gordon is hopeful…

Articles tagged under: Argentina

A Corn and Soy Boost for South America

USDA South American Production Estimates Mostly Unchanged

Dry Conditions Taking Toll on Brazil Crops

Peso Plummets in Argentina

Mixed Predictions for Brazilian and Argentine Production

Cargill Buys Larger Share of Argentine Joint Venture

Time Needed to Repair Key Rosario Port Terminal

U.S. Pork to Argentina

Hopeful for a Positive Trade Resolution

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