Argentine soybean prices rise
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Last Update: 2002-04-18
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Source: Internet
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Author: User
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Introduction: international agricultural trade network, April 17 - grain prices in Argentina have remained strong, as continuous rainfall in the central plain continues to slow down the harvest of corn and soybeans "It is still raining and there is no food supply in the market," said one grain trader The market price is stable, close to last Friday's price " After a two-day drought, rain returned to major agricultural areas on Monday, forcing farmers to postpone the harvest Meteorologists expect more rain on Tuesday, but expect the weather to improve on Wednesday Rosario soybean prices rose 7-12 pesos to 380-385 pesos / ton (US $128.81-130.50 / ton) Rosario corn prices rose 2-4 pesos to 210-212 pesos / ton Rosario wheat prices fell 9 pesos to 300 pesos / ton The transaction price of wheat at the ports of quikun and Blanca was stable at 300 pesos / ton The price of wheat purchased by Buenos Aires processing plant is 330-340 pesos / ton, basically the same as that on Friday Rosario, quikun and Blanca sunflower seed prices stabilized at 390 pesos / ton "The sales volume is very low," said one trader The market supply is not sufficient, if the rainfall continues, the outlook will further deteriorate " The Buenos Aires food exchange said in its weekly agricultural product forecast report that as of April 13, the soybean harvest was 17.3% complete and the corn harvest was 32.2% The government is due to release its official crop progress report this week (author:) share to feed Weibo share to:
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