Corn After a week without rain, Argentina’s corn harvest gained momentum and reached nearly 6 percent of the area. This had the consequent effect of increasing truck arrivals at ports, which was a relief for exporters who face a vessel lineup of 1.8 MMT of corn. Argentina has already exported 2.6 MMT of corn in March. 

In the local market, corn is the most dynamic product as wheat sales are low and soybeans are somewhat delayed. With a harvest that is beginning to pick up, there is more intent from producers to sell. That, combined with a week-ending increase in Chicago futures, meant that replacement prices started to improve slightly. At the end of the week, exporters began to generate some volume at 50 cents per kilogram.&...