Argentina: corn prices still higher than in Chicago

02.08.2016

Taking the location of Necochea and Bahía Blace as an example, the price of corn in Argentina has reached AR$ 3,000 (nearly US$ 198) per ton today, which is higher than international prices.

Analysts say those prices are backed by some logistical problems and the unstable weather. By comparison, the Chicago prices of the cereal are at nearly US$ 135.

 


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