September 26, 2007

 

Argentina's July corn exports up 119 percent; August soy crush up 9 percent

 

 

Argentina exported 1,582,896 tonnes of corn in July, up 119 percent from the 721,905 tonnes shipped in July 2006, the latest Agriculture Secretariat data show.

 

Main buyers were Spain (207,620 tonnes), Egypt (171,017 tonnes) and Malaysia (158,993 tonnes).

Argentina also exported 611,284 tonnes of wheat in July, down 17 percent from the 735,054 tonnes shipped during the same month a year earlier.

 

Brazil was by far the leading importer of Argentine wheat in June, purchasing 551,859 tonnes. Congo followed with 21,077 tonnes.

 

On the other hand, the country's August soy crush totalled 3,011,184 tonnes, up 9 percent from the 2,763,436 tonnes crushed in August 2006, according to the Agriculture Secretariat's latest data.

 

Argentina produced 578,009 tonnes of soyoil in August, compared with the 518,329 tonnes produced during the same month a year earlier.

 

Soy pellet output in August totalled 2,313,879 tonnes, up from the 2,170,294 tonnes produced a year ago.

 

Argentina produced a record 47.6 million tonnes of soy in 2006/07, up from 40.5 million tonnes a year earlier, according to the Agriculture Secretariat.

 

The country also crushed 256,753 tonnes of sunseeds in August, down 26 percent from 347,549 tonnes the previous year.

 

Sunseed oil production totalled 103,382 tonnes in August, down from 151,760 tonnes a year earlier.

 

Sunseed pellet output in August was 98,218 tonnes, down from 143,214 tonnes a year earlier.

 

Argentina grew 3.6 million tonnes of sunseeds in 2006/07, down from 3.8 million tonnes a year earlier, according to the Secretariat.