Trade4go Summary
Sediment in the Paraguay River has caused delays for barges transporting Paraguayan soybeans to Rosario, Argentina, affecting Argentina's supply of soybeans for oil production as their own harvest begins. These delays also impact the transportation of iron ore from Paraguay to Brazil. Additionally, there are concerns about the flow of Argentine producers' soybeans to the industry due to uncertainty in the exchange rate of their currency. Preliminary data shows a 14.2% decrease in Paraguay's soybean exports in the first two months of 2025 compared to the same period in 2024. The situation will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
An accumulation of sediment in the Paraguay River on Tuesday delayed barges carrying Paraguayan soybeans to Rosario, Argentina, according to transportation and crushing chambers from both countries. Argentina, the world’s top exporter of soybean oil, relies on Paraguayan soybeans at this time of year, as the Paraguayan harvest has ended but Argentina’s harvest begins this month. Gustavo Idigoras, President of Argentina’s grain exporters’ chamber CIARA-CEC, said the delays had affected the flow of barges to Argentina. Argentina’s grain processing industry also purchases soybeans from Argentine producers, although the latter have withheld more beans than usual due to uncertainty regarding the exchange rate of their currency. Raul Valdez, president of the Paraguayan Shipowners’ Center (CAFyM), told the delays also impacted iron ore exports to Brazil. Paraguay’s soybean exports dropped 14.2 per cent in the first two months of 2025, compared to the same ...
UkrAgroConsult
Apr 3rd, 2025
