As of January 11, 2021, Argentine farmers have gone on a 72-hour strike against the government's decision to suspend corn exports. Farmers have called on President Alberto Fernandez to reconsider the decision.
Malaysian palm oil futures rose sharply on 04.01.2020. The growth is related to preliminary estimates for the palm oil stocks in the country to the lowest level for the last 13 years - 1.22 million tons.
Wheat harvest in Argentina is now 66% completed.
9.32 million tons of wheat have been harvested with an average yield of 2.31 t/ha. With this average yield, production is expected to reach 14.1 million tons, which is a catastrophically low level.