Argentine soybean meal exports recover 45%

(NAP) Argentine soybean meal exports are maintaining excellent commercial dynamics, thanks to the recomposition of soybean production in Argentina, the production of soybean meal and the level of exports of Argentina's main export product, which is why it is expected to reach the highest growth rate between campaigns since records began. During September, 2.3 Mt of soybean meal would have been shipped, 60% more than at this time last year. For the moment, the pace of shipments has been meeting the forecasts, accumulating 16.8 Mt of soybean meal that would have been sent abroad since the beginning of the campaign, 45% above the previous campaign and even positioning itself ahead of the average. According to data released by the economic area of the Rosario Stock Exchange (BCR), as of August, 18.7 Mt of soybeans were processed via solvent so far in the 2023/24 campaign, consequently producing 14.3 Mt of soybean meal, 40% more than at this time last year and recovering the average ...