Argentinian soybean exports over the April 01-25, 2017 period were 53% up on year, testament to a quick start of the season.
Argentinian Soybean Export Surplus as of April 25 ( 2017-18 Vs 2016-17 MY)
Source: Argentinian Ministry of Agriculture/Agflow/Own Estimates
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Argentinian Soybean S&D Table
Source: Bolsa de Cereales de Buenos Aires, Bolsa de Rosario, IGC, USDA, Own Estimates
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China and to a lower extent Egypt account for the vast majority of Argentinian soybean exports. Preliminary customs data does not suggest any significant change in export direction.
Top Argentinian Soybean Export Destinations. 2014-17
Source: Customs data/Agflow/Own Estimates
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