아르헨티나 곡물 및 시리얼 인사이트

The FAO cereal price index reached an average of 109.0 points in May, down 2.0 points (1.8%) from April and 9.7 points (8.2%) below its May 2024 level. Global corn prices fell sharply during the month, reflecting strong competitive pressure and increased seasonal availability of ongoing crops in Argentina and Brazil, with both countries harvesting at a faster pace than last year by the end of May. Expectations of a record corn harvest in 2025 in the United States of America further contributed to downward price pressure. Regarding other secondary cereals, global sorghum and barley prices also declined. International wheat prices also fell, though more moderately, due to weak global demand and improved crop conditions in the Northern Hemisphere. Precipitation recorded at the end of the month reduced drought risk in parts of Europe, the Black Sea region, and the United ...

Argentina authorized five new transgenic corn events with improvements such as lower height and insect resistance. The innovations aim for more efficient and resilient production, with an impact on the domestic market and exports.

The Brazilian wheat market remains slow, especially in the Southern region, given the prospect of a full harvest in Argentina and the possibility of a significant reduction in planted area in Brazil. This assessment comes from the International Center for Economic Analyses and Agricultural Market Studies (Ceema), in a report published this Thursday (5), with data referring to the week from May 30 to June 5.