October 15, 2007

Argentina 2006/07 corn sales unchanged at 13.5 million tonnes

As of October 12, Argentina had sold 13.5 million tonnes of 2006-07 (March-February) corn for export, unchanged since June, the Agriculture Secretariat said Friday.

In November of last year, the government froze the export registry in the face of soaring export declarations.

In June, the Agriculture Secretariat announced the reopening of the corn export registry for 3 million tonnes, but the quota was filled within a week.

By this time last year Argentina had sold 7.87 million tonnes of 2005/06 corn.

There has been no export commitments reported for the 2007/08 crop due to the registry closure.