In the landscape of international trade, Argentina shines as a powerful player in the production and exportation of agricultural commodities. Often overshadowed by the country’s prowess in soy, corn, and wheat, lies a golden nugget that represents both economic potential and food security — the humble peanut. Notably, in the heart of Argentina, the province … Read more
Argentina’s New Import Regulations The Argentinian government has recently imposed more restrictions on foreign trade, a move that has raised concerns among experts and industry professionals. A new resolution (26/2022) has been enacted, significantly increasing the number of items subject to non-automatic licenses (LNA) for importation, adding more permissions and bureaucracy for certain goods to … Read more
The Argentinian foreign trade is facing severe hardships as shipping companies are now charging freights at the source due to a new scheme imposed by the country’s Central Bank. This change is leading to increased costs, endangering the competitiveness of exports, and potentially triggering a wave of layoffs in the logistics sector. Central Bank’s New … Read more
Increased Global Sunflower Production According to recent forecasts from the United States Department of Agriculture (USDA), global production of oilseeds, including sunflowers, is set to grow by 7% in the 2023/24 season. This increase is primarily attributed to significant production booms in soybeans in South America and sunflowers in the European Union, Ukraine, and the … Read more
Argentina’s foreign trade faces significant challenges due to recent currency restrictions imposed by the Central Bank, under Communication “A” 7746. These restrictions have disrupted the normal operations of the foreign trade logistics chain, as businesses struggle to comply with payments and remittances of freight charges in the foreign exchange market. This article examines the impact … Read more
[April 20, 2023] As published in Diario La Nación, the Argentine Secretary of Agriculture has resolved an extension on wheat shipment deadlines that could affect market competition and placement of the cereal abroad. Producers fear that this move will result in a loss of prices and international influence for Argentina, especially as the country struggles … Read more
Soybean prices are showing signs of recovery, with prices up 6% for the week in April 2023. This marks a significant turnaround for the market, which has been plagued by oversupply and low prices in recent years. Overview of the Soybean Market Soybeans are one of the world’s most important crops, used for a wide … Read more