Argentina: Shortages and price increases in key products

Published 2021년 6월 21일

Tridge summary

The Rosario Stock Exchange's GEA report has identified potential shortages and price increases for key production supplies due to active purchasing for the upcoming campaign. The report highlights the depletion of high-quality hybrid seed materials, resulting in lower quality corn seeds, and challenges in fertilizer production, leading to higher prices. Despite these challenges, producers are actively securing prices and supplies. The Argentine core region is projected to see a significant increase in corn planting, which could result in the largest corn crop in the region and account for 31.5% of Argentina's corn production. This increase comes amidst production issues and a pandemic, with corn replacing soybeans in some areas due to its higher productivity.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The recent GEA report from the Rosario Stock Exchange explains that the advance of the purchases of supplies in this pre-campaign is showing signs of shortages and price increases in key products for production. "The highest potential hybrid seed materials have been exhausted," say Bigand engineers. In Carlos Pellegrini corn seeds with lower bands are obtained since the materials with better calibers have been exhausted. As for fertilization, they explain: “there are drawbacks in the production of fertilizers, and the price goes up. The producers are very active to secure a price and not run out of product ”. In Pergamino, they state that fertilization would not increase “the 2020 level will probably be maintained; they are very expensive ”. Towards the west, in General Pinto, they explain: “many things are happening that make this pre-campaign very different. Before, inputs were low at sowing time. On the other hand, now the inputs are not going to decrease from here on. Now many ...

Source: On24