Create a free Feed & Grain account to continue reading

Argentina Lifts Corn Export Ban

Government ends temporary ban on grain exports and will instead set a daily sales limit

Corn 5545211

Argentina, the world's third-largest corn exporter, ended the temporary ban on grain exports and will instead set a daily sales limit to guarantee domestic supply.

The Buenos Aires Times reports the short-lived corn export ban had fueled concerns among local farmers and operators that Argentina is returning to an era of meddling in crop markets.

Benchmark Chicago corn futures rallied to a six-year high last week on concerns about tighter global grain supplies. Fields in Argentina have been threatened by drought in recent weeks, endangering corn and soybean crops at a time when demand is bolstered by heavy purchases from China.

Page 1 of 354
Next Page