Аргентина в т. г. значительно сократила экспорт продуктов переработки сои

Published Aug 25, 2022

Tridge summary

Argentine soybean processors are facing a difficult year due to a decline in oilseed crops from drought in Argentina and exporting countries, as well as a decrease in soybean sales by farmers. As a result, the volume of soybean product exports from Argentina has significantly reduced. From January to July, soybean oil exports decreased by 28% and soybean meal exports decreased by 9%. The main reduction in soybean oil exports is due to increased production for biodiesel.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Argentine soybean processors are experiencing a challenging year as oilseed crops decline due to drought in both Argentina and the product's exporting countries, as well as a significant reduction in soybean sales by farmers. This led to the fact that, according to analysts at Oil World (Germany), the volume of exports of soybean products from Argentina this year. have been significantly reduced. In particular, according to analysts, in January-July this year. shipments of soybean oil from Argentina decreased by 28% y/y, and soybean meal - by 9%, with a rather high decrease in oil exports also due to the fact that the country increased the use of the product in biodiesel production. So, for 7 months of this year, the export of soybean oil from Argentina decreased to 2.8 million tons compared to 3.9 million tons in the same period in 2021, and the volume of shipments in July amounted to only 317 thousand tons - this is the lowest figure for a given month since ...
Source: Oilworld

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