Most Argentina crop export registrations dropped last week, with the exception of soy products, with shippers moving their focus to June loading.
Exporters registered 1.61mn t of agricultural products during the week ending 9 May, a 54pc drop from the volume registered during the same week last year, and an 11pc decline from the week prior, according to Secretariat of Livestock and Fisheries (SAGyP) data.
Soy product registrations increased from the prior week — supported by the crop harvest advancing oilseed crushing — but were still below year-earlier volumes. Soybean exports reached 233,000t, a 15pc increase from the week prior, but about a quarter of the volume booked the same week last year. Soybean meal and oil exports also increased on the week, reaching 353,000t and 106,000t, respectively, but both fell short of last year's volume for the week.
Across all soy products June was the dominant month with 642,000t booked for loading, with the remaining 50,000t registered for July.
All grains but sorghum fell during the week. Sorghum export registrations reached their highest level since December last year at 109,000t. Corn registrations fell by 23pc from the previous week to 593,000t. Wheat and barley both fell by more than 35pc, reaching 135,000t and 50,000t, respectively.
June was also the primary month for grain registration, with all but 55t of barley registered for August loading booked for the month.
Total export registrations for sunflower products fell for a second week in a row, dipping below year-earlier levels for the first time since the start of 2026. Sunflower meal registrations fell slightly to 20,000t, all of which was for June loading. Sunflower oil fell by 46pc from the prior week to 12,500t. Sunflower seed export registrations tumbled from the prior week's record amount to just 3,490t.
