Overview
- Agroexporters reported US$1.117 billion in October liquidations, down 84% from September and 56% year over year, according to CIARA-CEC.
- September receipts reached about US$7.108 billion after Decree 682/2025 briefly suspended export duties, prompting firms to bring forward sales.
- January–October liquidations totaled roughly US$29.564 billion, a 40% increase over the same period in 2024, underscoring strong year-to-date flows.
- The Rosario Board of Trade estimates only about US$3.9 billion will be liquidated between October and December as earlier proceeds were front-loaded.
- Industry data point to supportive fundamentals with soybean meal at seven-month highs and a record September crush of 4.13 million tonnes.