Argentina Corn Exports Surge 45% Amid Shift in Global Trade Flows
Argentina is expected to export around million tonnes of corn during August and September, as the country completes its largest harvest on record. The crop, which is estimated at million tonnes, nearly percent above the previous record.
The increase in production and competitive pricing has created substantial export availability, allowing traders to respond quickly to growing demand from overseas buyers. North Africa has emerged as one of the strongest destinations for Argentine corn shipments, with countries traditionally sourcing significant volumes from Ukraine increasingly turning toward Argentina.
Argentina's corn shipments to North Africa increased percent during the first seven months of , while imports from Morocco rose particularly sharply. Egypt and Algeria have also increased their purchases, highlighting a broader shift in regional sourcing patterns.