Jan 03, 2021

Argentina Suspends Corn Exports

Exports will be blocked until March 1 as country tries to ensure domestic food supplies

来源:Successful Farming

Argentina will suspend sales of corn for export until Feb. 28, the agriculture ministry said last Wednesday, announcing the surprise move as part of the government's effort to ensure ample domestic food supplies.

According to a report atSuccessful Farming, the move by the world's No. 3 corn supplier was a sign of tightening global food supplies during the COVID-19 pandemic.

Argentina's government is struggling to control food price inflation and help low-income families contending with an economy shrinking during the pandemic. Buyers can still book corn from Argentina, but only for a shipping date March 1 or later.

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Magazine

Marketwatch: Mar, 18

US Corn Price Idx:ZCPAUS.CM

open: 7.0614
high: 7.2362
low: 7.0589
close: 7.2069

US Soybean Price Idx:ZSPAUS.CM

open: 15.9679
high: 16.1529
low: 15.9654
close: 16.0661

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 9.68
high: 10.1623
low: 9.675
close: 10.1148

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

开放:9.4375
high: 10.0333
low: 9.4325
close: 9.9155