In December 2024, the Agroindustry Argentina exported 35% more than in the same month of 2023, according to the Monthly Export Report for Complexes of the Argentine Agroindustrial Council (CAA). Foreign sales of the sector totaled US $ 3,550 million in the period, that is, 925 million more than in December 2023.
“The complexes with greater relative growth They were the SUCROALCOHOLERO, he Cotton, he Horticultural and the Wheat. The complexes Soy, wheat and Corn They were those of Greater contribution to year -on -year growth; While legumes and barley were the ones that cushioned this increase, “the CAA detailed in its exports report in December 2024.
The entity stressed that the actual multilateral exchange rate retreated by December 3% compared to the previous month, although the average of the twelve months of 2024 was 2% below the same period of 2023.
Field projections for 2024/25 campaign
He Fall estimated that Cereal and Oleaginous Complexes (Ceryol) would reach a total of 93.5 million tons during the 2024/25 cyclewhich represents a 7% growth compared to the previous cycle. In 2024 the prices of various products experienced notable falls in a global context marked by record crops in Brazil and good production levels in the United States.
“FOB prices first position of flour soy, the bean of soy, he wheat and the corn They decreased by 31%, 18%, 6% and 3% compared to December last year, “said CAA.
In addition, soybean and sunflower oil exhibited significant increases, with increases of 19% and 31%, respectively, due to various factors such as the increase in biofuel mandates in Indonesia and the reduction of the exportable supply supply of palm oil , Black Sessol productive problems and a stock-consumption relationship adjusted in the main vegetable oils, according to the CAA analysis.
“As productive expectations are completed in the world, future positions show lower prices compared to currents, with the exception of wheat, whose future market shows higher prices compared to the first positions,” said the entity.
Agro cows meat field
Depositphotos
The field foresees a drop in exports by 2025
By 2025, CAA projects that agroindustrial exports reach US $ 44,820 millionwhich represents a Fall of US $ 710 million in relation to estimates by 2024.
Most of these income will come from Cereal and Oleaginous Complex (Ceryol)with eXportations estimated at US $ 29,671 million. In addition, regional meats and economies would contribute US $ 3,997 million YU $ 11,152 million respectively.
“It is projected that the Cereal and oilseed complex registers a drop of US $ 1,390 millionmoving from US $ 31,061 million for 2024 Au $ 29,671 million. This decrease is mainly explained by a negative price effect of US $ 2,898 million, partially compensated by an increase in exported amounts, which add up to a positive effect of US $ 1,508 million, “said the Council.
If these projections are fulfilled, the Meat exports would register a growth of US $ 444 millionreaching US $ 3,997 million, while regional economies would experience an increase of US $236 million, reaching US $ 11,152 million. “These increases would help partially mitigate the fall in the cereal and oleaginous sector,” the CAA said.
Analyzing exports per quarter, it is expected that 2025 Keep a stable distribution. He Second and third quarter would be the most dynamism, with exports projected at US $12,631 and 12,254 millionwhile the first and fourth quarter would reach US $ 9,766 million and 10,063 million, respectively, according to the CAA.
Low of withholdings: how will the aliquots be left for the main crops after the government’s announcement
The Government announced on Thursday the elimination of retentions to regional economies and the decrease of 20% of export rights for all crops until next June.
The measure will govern next Monday and until the end of June. To access the temporary reduction of export rights, producers must liquidate the sworn declaration of sale abroad (DJVE), without shipping obligation, which is maintained for 360 days from the affidavit. You can also choose not to use the benefit and liquidate in normal period.
- Soy: goes from 33% to 26%
- Derivative soybeans: It goes from 31% to 24.5%
- Wheat: for 12% to 9.5%
- Barley: for 12% to 9.5%
- Sorghum: for 12% to 9.5% -Maíz: for 12% to 9.5%
- Sunflower: For 7% to 5.5%
- Regional economies with residual fall to 0%. This includes products such as sugar; food preparations; cotton; bovine leather; drinks; sheep (wool and leathers); tobacco; Forestindustria; rice; peanut; sweets, chocolates and others.
Source: Ambito
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