The difference between Argentine and Brazilian peanuts

The World Peanut Meeting 2024, held last week in Córdoba, Argentina, highlighted the peanut scenario in the world and highlighted the differences in the Argentine and Brazilian markets, relating the destination of the countries' exports with better control of pesticides and aflatoxins. According to data presented during the event, Argentina demonstrated its ability to concentrate its peanut sales on grains to Europe, with higher added value, representing an impressive 62% of its total exports. On the other hand, Brazil directs the majority of its exports (70%) to secondary markets, such as Russia and Algeria. This difference is mainly attributed to the greater demands of primary markets regarding the presence of aflatoxins and the use of chemical products. For the year 2024, Argentina plans to export 800 thousand tons of peanut grains, with 60% destined for Europe. Meanwhile, Brazil projects 300 thousand tons of the product, with only 15% directed to the European market. These ...