Argentina faces a soybean production crisis due to drought, compelling record imports from neighboring countries. With crushers running out of soybean stocks, Brazil surpasses Argentina as the leading soymeal exporter. US, driven by biofuel demand, anticipates record soymeal exports, intensifying competition with Brazil. Argentine farmers, wary of inflation, reduce soybean sales, impacting crushing volumes. As global soymeal prices surge, Argentina's industry faces challenges, while the U...
Drought-hit Argentina Struggles as Global Soybean Trade Dynamics Shift Towards US and Brazil by Amit Gupta, Kedia Advisory
