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Argentina emerges as the third world largest soybean importer

According to the Statistics and Census National Institute (INDEC), during the calendar year, 2018 Argentina imported 6.44 million metric tons of soybean, versus 1.84 MMT in 2017. But considering the commercial year (April to March) this volume could be much higher, because the soybean crushing industry tends to accelerate its imports as it moves away from the harvest peak (April/May 2018). Despite being the third largest world soybean producer, these imports place Argentina as the third largest soybean importer,…
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