In this way, to date the stock of corn stands at 19.08 million tons, 3.61 million tons more than those registered in the same period of the previous year.
Such a robust level of volume generated, between August and September, that the storage of corn grew almost two million tons, contrary to what happened in the last four years, where a September was shown that began with decreases in stocks on a month-on-month basis. .
“In line with the large levels of production and export of meat and corn, it is clear that the growth in the use and foreign trade of corn in Argentina continues to consolidate,” said the stock market entity.
Regarding prices, during the week the commercial dynamics at the local level remained with the focus placed fundamentally on soybeans, while the activity on the cereal side was very limited, with disparate prices for corn.
The first few days saw a higher level of activity in this market, with offers for both this season’s cereal and the next one, with amounts for the available merchandise that ranged from US$235 per ton, although from Wednesday onwards The number of buyers fell, as did the possibilities of delivery, and there were no offers for new corn.
Source: Ambito
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