Marketing of the 2021/22 sunflower campaign in Argentina

Published 2023년 1월 14일

Tridge summary

The article provides an overview of the 2021/22 sunflower commercial campaign in Argentina, highlighting its local sales and international sales declarations. At a local level, the campaign saw over 3.24 million tons in final sunflower contracts, with 28% being anticipated contracts and 50% transacted between January and April. Dollars were the primary currency used in these contracts, accounting for 77% of the transactions. The majority of these contracts (88%) were cash on delivery, with a smaller portion being installment payment or advance payment.

For international sales, Argentina's sunflower complex declared 2,084,761 tons exported, marking a high compared to the previous five campaigns. The exports were predominantly sunflower pellets and by-products (49%), with 42% being oil and 7% being the seed. The article notes that the volume of these declarations in February and March 2022 were atypical due to the conflict between Russia and Ukraine, which affected sunflower production and international prices. At the peak of the conflict in April, there was a significant increase in foreign sales declarations, attributed to higher grinding volumes.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In December the 2021/22 sunflower commercial campaign in our country closed, leaving us some interesting data on its commercial patterns. Below are some indicators of the marketing of the campaign at the local level and the sales recorded abroad. At the local level, the 2021/22 campaign accumulated more than 3 million (3,240,215) tons in final sunflower contracts according to SIO Granos. Of said total, 28% were anticipated contracts, that is, concluded before January 2022 and it is also noted that 50%, half of the contracts, occurred between January and April of last year. Of the contracts considered, 77% of them were made in dollars. Among other of the main characteristics of the contracts, 85% corresponded to Made Price and 15% to Fix Price. There are basically three payment modalities in the grain market: a) cash on delivery, when the amount is paid after the grain is delivered; b) installment payment, whose payment is after delivery and c) the third option is advance payment, ...

Source: Rural Net