
Argentine agribusiness closed 2019 with positive results, as the central zone avoided the drought that hit the 2017/18 crop. The 2018/19 grain harvest totalled 142 Mt, up 46% year on year, and soybean exports in the last eleven months of 2019 rose 5.8% in value while prices fell 6.7%.
Argentine soybean exports benefited from the US-China trade war.
Strong Argentine supply and exports during the US-China dispute have competed with US soybean sales, which weighs on world soy prices. The price decline also signals softer export values.
Setelah 788 peristiwa laporan bearish sebelumnya, Kedelai bergerak median -0,3% selama 5 sesi (47% lebih tinggi; separuh tengah -2,0% sampai +1,5%), dan -0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.