Wheat prices continue to rise in Argentina

Introduction: according to the international agricultural trade network on February 26, traders claimed that wheat prices in Argentina rose on Friday because of strong export demand Markets believe the government may return a long-awaited tax on grain exports, although a government official said Wednesday that the power had not been discussed, raising concerns among farmers and exporters Rosario wheat prices rose 5 pesos to close at 200 pesos / ton "Exporters are very active and they need to buy," said one trader Sellers continue to keep them from losing money in sales, which means exporters have to pay more " Since 2001 / 02 wheat harvest to the end of January, wheat has become the main food varieties concerned by the domestic market Traders claim that the current price is very suitable for sellers "There are two reasons for the sell-off today: the peso is stronger against the US dollar and it is possible to return export duties," the trader said Wheat prices at quequequequen and Branca ports rose 2 pesos to 205 pesos / ton and 200 pesos / ton, respectively The Buenos Aires plant paid 205-208 pesos per ton for wheat, up 7 pesos from Thursday's price Traders claim that many farmers can hoard their food because they no longer need money to repay their debts But the upcoming corn and soybean harvest has allowed Rosario farmers to make room for new crop storage Farmers in southern Buenos Aires were able to hoard their stocks, putting pressure on prices for a long time because the harvest would be delayed The grain market has returned to normal Rosario soybeans rose 2 pesos to 288 pesos / ton, selling 12000 tons of soybeans Rosario corn prices rose 2 pesos to 162 pesos / ton, selling 20000 tons of corn One trader claimed that supply was expected to increase as the harvest progressed Rosario sunflower seed prices rose 5 pesos to 315 pesos / ton (author:) share to feed Weibo share to: