90% of the sunflower that is processed in Mercosur is Argentine

Published Jan 27, 2022

Tridge summary

The Argentine sunflower chain has initiated its 2021/22 campaign with a significant 26% increase in sown area, leading to high production expectations and a positive outlook for the processing industry. Argentina is expected to process nearly 90% of the sunflower processed in Mercosur, making it a major player in global sunflower processing. Despite this, Mercosur's oilseed processing industry has idle capacity close to 32.1%, with Brazil and Argentina experiencing estimated idle capacities of over 16% and 41.4%, respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Argentine sunflower chain begins its 2021/22 campaign in search of lost ground. With a rise of more than 26% in the sown area, the production expectations are optimal, considering that an improvement in the productive yield is also expected. According to Rosario grain market analysts Guido D'Angelo and Bruno Ferrari, in a report by the Department of Economic Studies of the Rosario Stock Exchange, "The productive recovery of sunflowers is expected to have a positive impact on the processing industry this year. which is just beginning, after the fateful 2019/20 business year (which coincides with the 2020 calendar year), the 2021 campaign showed a strong recovery, and the recently started 2021/22 campaign is expected to continue on this path”. oilseed processing industries of the Common Market of the South (Mercosur) have a strong weight at the global level. On the one hand, it is expected that in the 2021/22 campaign, Mercosur will process about a third of the industrialized ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.