In the case of soybeans, its exports grew by 58.77% annually in November and 1.6% if the period January-November 2022 is compared with that of 2021, accumulating revenues of US$21,071 million in the year and taking advantage of a dollar value that rose from an average of US$530.17 a ton in 2021, to US$610.61 this year.
The soybean dollar, a success
The soybean producers sold more than 347,000 tons and exceeded 4.8 million in the 16 days that have elapsed since November 28, when the Export Increase Program (PIE)which implements an exchange rate of $230 per dollar for oilseed exports until next December 31.
The star product continues to be flour, representing 52.5% of the total sales. soybean exports and a contribution of US$23,075 million in the first eleven months despite the fact that said value represented a decrease of 11.1% compared to the same period of 2021.
It was followed by the beans, which, on the other hand, registered a 0.9% increase in revenue so far this year; Meanwhile he oil it registers losses of 5% in November and 27.8% in the accumulated eleven months.
Behind soybeans and with a 17.23% share is the cornwhose exports have risen 3.6% per year so far this year, contributing US$ 8,885 million in revenue, despite registering a drop of 20.22% per year in November.
The wheat completes the podium with a participation of 8.27%: although in November it showed a strong year-on-year drop (-66.50%), it is the complex with the greatest increase in export value so far in 2022 with an annualized expansion of 57.1% totaling US$4,265 million.
Source: Ambito
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