Fewest trucks in 22 years delivering grain to Argentine ports

Grain ports in and around the city of Rosario handle approximately three-quarters of Argentina’s grain exports and the ports are reporting the fewest number of trucks delivering soybeans and corn in 22 years. Trucks are the primary mode of transporting grain in Argentina, so they are a good judge of the country’s grain production. The Rosario Grain Exchange reported that during March-April-May, approximately 280,000 trucks delivered soybeans and corn to the ports at Rosario. This is half the number of trucks during the same period last year and 62% below the five-year average. The worst drought in 60 years significantly impacted the 2022/23 grain production in Argentina. Approximately 94% of the soybeans and 33% of the corn in Argentina was harvested as of late last week. The Rosario Grain Exchange is estimating the 2022/23 Argentina soybean production at 21.5 million tons, which is down 49% from last year. They are estimating the 2022/23 corn production at 35 million tons, which ...