In Argentina, Infobae reported that Argentine Economy Minister Luis Caputo announced that the government will lower the taxes on the main agricultural exports until June. The government confirmed that export duties on soybean exports will be temporarily lowered from next January 27 until the end of June, from 33% to 26% Export duties for soybean […]
In Argentina, Bichos de Campo reported that a report by the Buenos Aires Grain Exchange stated that 21% of the overall area planted with the crop is in poor to fair condition due to water restrictions. “This situation is especially critical in the south of the core zone, where the greatest decrease in water conditions […]
In Argentina, La Nacion reported that the Rosario Grain Exchage (BCR) said that Argentina’s 2024/25 corn crop is expected to reach 48 million tons, down from a previous estimate of 50-51 million tons, due to the impact of a drought. In its monthly grains report, the BCR said its estimate for 2024/25 soybean production would […]
In Missouri, World Grain reported that the latest report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture forecasts a strong soybean production and crush in Argentina in the 2024-25 marketing year. With nearly 90% of the soybean crop planted, crop development is progressing well with 93% of the crop in the […]
In Argentina, Reuters reported that the Buenos Aires Grains Exchange increased its corn planting area estimate, while trimming the pegged soybean area for the 2024/25 season. The corn crop is now seen covering 6.6 million hectares, up from a prior estimation of 6.3 million hectares, the exchange said, adding the new forecast was a “correction” […]
In Argentina, Econo Journal reported that local state-controlled oil firm YPF and Essential Energy signed a Memorandum of Understanding (MOU) to evaluate the feasibility of developing a biorefinery in the province of Santa Fe. The aim of the project is to reuse the facilities of YPF’s non-operational refinery in the town of San Lorenzo, promoting […]
In Argentina, YPF S.A. and ESSENTIAL ENERGY S.A. signed a memorandum of understanding to evaluate the feasibility of developing a biorefinery in the province of Santa Fe. This project seeks to reuse the facilities of YPF’s non-operational refinery in the town of San Lorenzo, promoting the sustainable production of fuels. With a presence in the […]
In Argentina, RP Global and GIZ launched a partnership under Germany’s H2Uppp program to develop green hydrogen and ammonia projects in southern Argentina, targeting local use and European export markets. The initiative is backed by the German Federal Ministry for Economic Affairs and Climate Action. The project, called “Gaucho Wind to Hydrogen & Green Ammonia,” […]
In the UK, the Trade Remedies Authority (TRA) provisionally proposed that a countervailing measure on biodiesel imported from Argentina is maintained. In a Statement of Essential Facts, the TRA proposed that the duty payable on imports of biodiesel from Argentina be kept at a range of 25%-33.4% until February 2029. During the period of investigation, […]
In Argentina, Reuters reports Malaysian palm oil futures rose for a fourth straight session on Thursday, boosted by expectations of lower palm production and shrinking domestic stockpiles. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange was up 18 ringgit, or 0.4 percent, at 4,504 ringgit a metric tonne in […]
