According to figures from the Buenos Aires Cereal Exchangeyesterday 976,788 tons of soybeans were sold, with which since Monday 5 they total 7,482,103 tons.
The new purchase and sale contracts entered into in pesos yesterday and on previous dates but recorded on Wednesday totaled 644,263 tons, and the average value of these deals was $70,046 per unit of weight.
Secondly, Also noteworthy were the fixings of operations arranged prior to Wednesday for 231,041 tons, reaching an average value of $70,399.
In relation to businesses agreed in dollars, soybean sales contracts recorded an average value of US$386 for a volume of 5,099 tons; while fixings for 23,268 tons were recorded at an average value of US$ 356.
The Central Bank closed yesterday with purchases for US$ 272 million, and accumulated US$ 1,660 million in the last seven days after the implementation of the special exchange rate for soybean exports.
key meeting
Secretary of Agriculture, John Joseph Bahillowill receive this afternoon in his office the members of the Liaison Table, in order to continue advancing with the agenda of issues related to improving the situation of the agricultural sector.
As confirmed by official sources, the national official will meet from 6:30 pm with the presidents of the Argentine Rural Society (SRA), Nicolás Pino; Argentine Rural Confederations (CRA), Jorge Chemes; Agrarian Federation (FAA), Carlos Achetoni; and the Agricultural Intercooperative Confederation (Coninagro), Carlos Iannizzotto.
The meeting will have as axes the regional economies and the situation of small producers, in order to initiate a joint work agenda in this regard.
The greater opening of the export of beef and the progress of the new scheme of a special exchange rate of $ 200 per dollar for exports of soybeans and derivatives will also be analyzed. In addition, the biofuels and fertilizers sector is part of the agenda for the new thick campaign.
Source: Ambito
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