Argentina Records Slowest Soybean Sales in 11 Years

02-May-2025 09:56 AM

Argentina Records Slowest Soybean Sales in 11 Years
★ According to data from the Agriculture Ministry, only 24% of the estimated 49 million metric tons of the soybean crop has been sold.
★ As of April 23, only 713,800 metric tons of soybeans were sold during a one-week period.
★ Uncertainty over the exchange rate and delays in harvesting due to heavy rainfall have negatively affected sales.
★ As of last week, the sales pace was the slowest in the past 10 years.