{"id":18700,"date":"2023-05-15T12:51:01","date_gmt":"2023-05-15T12:51:01","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=18700"},"modified":"2023-05-26T16:54:08","modified_gmt":"2023-05-26T16:54:08","slug":"argentina-grains-april-soybean-and-corn-exports-lowest-since-2002","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2023\/05\/15\/argentina-grains-april-soybean-and-corn-exports-lowest-since-2002\/","title":{"rendered":"Argentina Grains: April soybean and corn exports lowest since 2002"},"content":{"rendered":"\n<p><em>News summary<\/em>:<strong>&nbsp;<\/strong>Grain exports by Argentina have never plummeted as they have now for two decades, with maize and soybean crops showing the lowest export trends in the last twenty one years.&nbsp;<\/p>\n\n\n\n<p>The Rosario Stock Exchange (BCR) projects that&nbsp;<a href=\"https:\/\/www.selinawamucii.com\/insights\/market\/argentina\/\"><u>Argentina&#8217;s exports&nbsp;<\/u><\/a>for May could reach $71.566 million, a reduction of 4% compared to April and 19% year-on-year, due to further cuts in soybean and&nbsp;<a href=\"https:\/\/www.selinawamucii.com\/insights\/market\/argentina\/sweet-corn\/\"><u>corn production&nbsp;<\/u><\/a>in 2022\/23 and a drop in wheat sowing intentions in 2023\/24. In addition, monthly soybean and corn exports in April were the lowest since 2002.<\/p>\n\n\n\n<p>The new estimate takes into account the latest production cuts for&nbsp;<a href=\"https:\/\/www.selinawamucii.com\/insights\/prices\/argentina\/soya-beans\/\"><u>soybeans&nbsp;<\/u><\/a>and corn, adjusted downward by 4 million tons and 3 million tons, respectively, according to the report released weekly.<\/p>\n\n\n\n<p>Meanwhile,&nbsp;<a href=\"https:\/\/www.selinawamucii.com\/insights\/market\/argentina\/wheat\/\"><u>wheat planting in Argentina<\/u><\/a>&nbsp;would be less than half the level recorded last year. This will cause a reduction in monthly exports in late 2023, especially in December, when a considerable portion of the next crop&#8217;s wheat is exported.<\/p>\n\n\n\n<p>Finally, BCR analysts assess that Argentina&#8217;s exports of the coarse crop, which includes corn and soybeans, have the lowest volume in 21 years.<\/p>\n\n\n\n<p>International price levels only partially cover the cut in quantities. In this sense, the level of exports in dollars last April for soy and corn would be almost 43% below the level of April 2002. However, if compared to the average of the last five years, the cut in dollars is around 5%.<\/p>\n\n\n\n<p>Source: Canalrural.com.br<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News summary:&nbsp;Grain exports by Argentina have never plummeted as they have now for two decades, with maize and soybean crops showing the lowest export trends in the last twenty one years.&nbsp; The Rosario Stock Exchange (BCR) projects that&nbsp;Argentina&#8217;s exports&nbsp;for May could reach $71.566 million, a reduction of 4% compared to April and 19% year-on-year, due&#8230;<\/p>\n","protected":false},"author":3,"featured_media":18701,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.3 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Argentina Grains: April soybean and corn exports lowest since 2002 - Selina Wamucii | Food &amp; Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2023\/05\/15\/argentina-grains-april-soybean-and-corn-exports-lowest-since-2002\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argentina Grains: April soybean and corn exports lowest since 2002 - Selina Wamucii | Food &amp; Agriculture News\" \/>\n<meta property=\"og:description\" content=\"News summary:&nbsp;Grain exports by Argentina have never plummeted as they have now for two decades, with maize and soybean crops showing the lowest export trends in the last twenty one years.&nbsp; The Rosario Stock Exchange (BCR) projects that&nbsp;Argentina&#8217;s exports&nbsp;for May could reach $71.566 million, a reduction of 4% compared to April and 19% year-on-year, due...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.selinawamucii.com\/news\/2023\/05\/15\/argentina-grains-april-soybean-and-corn-exports-lowest-since-2002\/\" \/>\n<meta property=\"og:site_name\" content=\"Selina Wamucii | Food &amp; 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