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New campaign maize DJVE increased by 11% in expected exports due to production cuts
New campaign maize DJVE increased by 11% in expected exports due to production cuts The export permits for the next maize campaign reach 67% of the export forecasts and 90% of the authorized quota, while those of the SB complex predict higher proportional sales of by-products. In recent weeks, the climate situation in South America largely marked the direction of the global market for agricultural commodities. At first, agents' concerns about possible production cuts supported prices, while later, harvest estimates from numerous South American institutions and organizations confirmed expectations with significant declines. Argentina, being one of the main [...]
