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Argentina Soybean Export Next Year May Break the Record

Pubtime:2018-12-18Author:Source: Hits:

According to news from Buenos Aires on Dec. 7 that Rosario Grains Exchange said if the trade war between China and America continues, the Argentina soybean export to China may reach 14 million ton, which is a new record, because the soybean output in Argentina is expected to gain a recovery growth from that in the previous year.

United States Department of Agriculture predicts that the soybean export in 2018/19 in Argentina shall be 10 million ton, higher than the 4.1 million ton in the previous year. The soybean output to be harvested in Argentina may be 55.5 million ton, higher than the 37.8 million ton output last year.