Argentina: The local grain market continues its bearish path

Argentina

Published Jul 5, 2022

Tridge summary

In the first round of the week, the domestic square showed a limited commercial activity, marked by the conjunction of the American holiday and the local situation. In terms of prices, the values offered tended to fall.

Original content

For wheat unloaded until July 11, US$305/t were offered openly. On the corn side, US$ 215/t were openly offered for available cereal, implying a decrease of US$ 5/t between rounds. Finally, prices for soybeans with immediate delivery stood at US$ 370/t. Today, the Chicago Market did not operate to commemorate Independence Day in the United States. In the Matba - ROFEX market, the July 22 soybean contract operates at US$ 384/t. * Regarding the local market, the prices offered were the following: - For wheat, US$ 305/t C/D until 11/07 and US$ 310/t September 22.- ...

Source: Chacra Magazine

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