In the 2022/23 campaign, there is concern in the market about the final production and the quality obtained in Australia and Argentina.
Original content
In the 2022/23 campaign: there is concern in the market about the final production and the quality obtained in Australia and Argentina. For its part, the CIG-November: upward revisions in the productions of Turkey and the EU, which offset the cuts for Argentina. read also Now, in terms of marketing 2022/23: purchases by the export sector are stagnant and below the levels of previous campaigns. Likewise, in the Bahía Blanca region, a drop in yields of more than 20% is projected. In its November report, the CIG adjusted global production upwards by 0.7 Mt, given the increases projected for Turkey (+1.1 Mt) and the EU. (+0.2 M Tn), which offset the cuts made for Argentina (-0.5 M Tn). For Australia, the abundant rains registered during October in the eastern region have generated great concern about the quality that the crop will finally present. Global consumption 2022/23 was cut by 0.4 Mt compared to the previous report, due to lower Chinese demand. Regarding trade, the monthly ...
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