“In this way, the complex would manage to exceed the value exported in 2021 by US$368 million,” Terré and Rodríguez Zurro pointed out. For its part, the corn complex would have shipments for US$ 9,673 million and, like soybeans, “it would also hit a record, exceeding the value reached in 2021.” Projections for the wheat complex amount to US$4,799 million for 2022, a slight increase of US$18 million compared to what was forecast in July.
According to the researchers, “the rise in prices together with the increase in quantities would allow this complex to increase the value of its exports by almost US$ 1,488 million” compared to last year’s mark. The sunflower complex would export US$1.8 billion this year, US$22 million less than forecast a month ago and US$498 million above the 2021 mark.
“The conflict in the Black Sea region has triggered the prices of oilseed oil, given that between Russia and Ukraine they represent about 80% of world exports of this product,” they warned.
Finally, the cebada complex would register shipments for US$ 1,600 million, US$ 32 million less than projected a month ago and US$ 687 million more than the value reached in 2021
The BCR report highlighted that “considering that temporary imports of soybeans are projected at US$1,498 million, the sector’s net exports would reach US$40,218 million, some US$4,789 million more than reached in 2021”.
Regarding the behavior of the first semester, after citing that in June the exports of the agro-industrial complexes reached a record of US$ 4,153 million, the Stock Exchange highlighted that in each of the six months of the period “a record was reached in relation to the same month in previous years”.
Likewise, based on the monthly average FOB prices and the tons dispatched from Argentine ports in July, the estimate of exports for the month that ended stands at US$ 3,889 million, which, if confirmed, would also set a record for the same month in years. previous.
Source: Ambito
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