GFM Network News


Argentina grains exchange trims soy harvest outlook

Corn appears to be picking up acres at the expense of soy

Reuters – Argentine farmers are expected to harvest 48.8 million tonnes of soy in the 2021-22 season, down slightly from a previous estimate of 49 million, the Rosario grains exchange said, citing a slight shift by some farmers toward more profitable corn. The country’s 2021-22 corn crop is estimated at between 55 million and 56 million tonnes,



File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Argentina extends beef export cap, stoking farm tensions

Move seen as 'giving markets to other countries'

Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid

Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Argentina forms agency to manage cargo river, grain exporters worry

Added bureaucracy in grain shipping feared

Buenos Aires | Reuters — Argentina said on Wednesday it had formed a new government agency to manage dredging operations needed to ensure navigation of the Parana River, which carries about 80 per cent of the country’s grains exports from the Pampas farm belt out to sea. For decades, cargo ships have paid tolls directly

Grain is loaded aboard ships in a port on the Parana River near Rosario, Argentina August 28, 2020.

Parched Argentine river cuts into grains exports

Hit comes at the height of the Argentine grain shipping season

Reuters – Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said recently, amid growing environmental concerns. Dryness in Brazil, where the Parana originates, has diminished cargo traffic and sparked worries by environmentalists about dredging the river below certain depths. The dryness


“The forecast shows dryness returning, which should be well timed for the harvest... ” – Isaac Hankes, Refinitiv.

Coming dry spell in Argentina, after March rains, seen helping harvest

After a prolonged dry period, rains came, but now they’ve broken

Reuters – Rains that have pelted Argentina’s Farm Belt since mid-March halted the deterioration of corn and soy yields, and a coming dry spell will help kick off harvesting of the country’s two main cash crops, climatologists said March 31. The South American grains powerhouse is the world’s No. 3 corn exporter and top supplier

Argentine farm heartland set for more high temperatures, limited rain

Reuters – Argentina’s central farming region is suffering through high temperatures and little rain, the Buenos Aires grains exchange said ahead of an anticipated cut to its estimates of soybean and corn harvest due to drought. The agricultural heartland of the South American country has suffered a drought for months. Although early-year rains brought partial

File photo of a barley field in Argentina. (Juan Pablo Marchelletti/iStock/Getty Images)

Argentine truckers end strike, freeing China-bound barley

Canada, France would have been buyers' Plan B

Buenos Aires | Reuters — Argentine truckers ended a 20-day strike that had blocked access to ports in Buenos Aires province, agricultural industry sources said on Tuesday, following a deal struck with local officials to increase freight-hauling rates. Trucks owners grouped in the informal TUDA association (Transportistas Unidos de Argentina) began blocking highways last month,



File photo of a cornfield in Argentina. (Reisegraf/iStock/Getty Images)

Argentina lifts corn export ban

Export suspension to be replaced with 30,000-tonne sales cap

Buenos Aires | Reuters — Argentina has lifted a suspension on corn exports announced in December and will opt instead for a temporary 30,000-tonne daily cap on sales abroad, its agriculture ministry said on Monday, backing off the more restrictive measure that had infuriated farmers in the South American grains powerhouse. The world’s No. 3