More profits in exporting soybean grains rather than soybean flour

The export of unprocessed soybeans has a payment capacity of U$ 10/ton higher than that of the industry.
The theoretical FAS for Rosario soy available from 100% raw grain exporting companies is U$ 227/ton, while that of the oil industry was U$ 217/ton, according to data from the Information Directorate and Economic Studies of the Rosario Stock Exchange (BCR).
The main factor that explains this phenomenon is the escalation of the US-China trade war, which promotes the concentration of Chinese soybean purchases in South America, which implies - as happened in the past - that the value of Bean originating in Mercosur begins to rise more and more with respect to US soybeans.
Additionally, the fall in the demand of the energy sector affected the production of biodiesel, reducing the use of soybean oil, while the historical descent of the Paraná River, where the Argentine soybean industrialization is concentrated, affected the average loads of the ships and increased logistics costs.