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Dec 13, 2019· By Hugh Bronstein and Maximilian HeathBUENOS AIRES, Dec 13 (Reuters) - Argentine soy crushing giant Vicentin has halted its operations as the company battles to restructure its debts after defaulting earlier this month, two industry sources with direct knowledge of the situation told Reuters.The production halt affects crushing at Vicentin's three main plants, which combined have daily soybean ...
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Argentina–China relations are foreign relations between the Argentine Republic and People's Republic of China.Both countries established diplomatic relations on March 19, 1972. Until then Argentina only recognized the Republic of China.. Argentina has an embassy in Beijing and three Consulates-General in Hong Kong, Guangzhou and Shanghai.China has an embassy in Buenos Aires
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Jun 25, 2020· Argentina’s shale oil drillers are facing a huge challenge as covid-19 lockdowns and ultra-low oil prices have made the Vaca Muerta shale patch uneconomical COVID-19 Could Crush Argentina…
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Argentina’s soybean crushing industry can expect sluggish exports in the new marketing season that started in April, led by a series of supply-side bottlenecks that have impacted production ...
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Sep 10, 2019· China, with its own crushing industry to protect, had steadfastly resisted. The U.S.-China trade war, however, strengthened Argentina’s hand, prompting China to …
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Sep 26, 2017· An entire scheme of the Argentine portion of the soybean commodity chain is presented on page 5, and the following explanation describes the actors and the degree of monopolization of the “boxes”.
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New Delhi — Argentina's soybean crushing industry can expect sluggish exports in the new marketing season that started in April, led by a series of supply-side bottlenecks that have impacted production, logistics and export prospects of the world's largest soybean products supplier.
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Sep 11, 2019· Argentine soy industry insiders said the U.S.-China trade war had helped make Argentine soymeal exports more alluring as Beijing looks to diversify its supply and to send a …
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Argentina: Current and Possible Growth of Oilseed Crushing and Exports Tivoli, Sao Pablo, 17 September 2014 María Marta Rebizo Manager of Economic and Business Affairs of CIARA and CEC [email protected]. Members of CIARA and CEC 1 ACEITERA GENERAL DEHEZA S.A. 27 GRANELES DE ARGENTINA S.A.
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Aug 28, 2019· Argentina is the largest world soybean meal exporter, with more than 65 million metric tons of crushing capacity. Along the Parana river, global and local oilseed companies mounted their processing plants and ports. During 2016 the crushing industry reached a processing record of about 44 million metric tons of soybean.
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• The Argentine crushing industry and the Chinese Meat companies should work together to remove import barriers on soybean meal in China. • Continued supply from the Argentine origin should be assured not only by the private sector but also by the Argentine authorities, both on meal and oil.
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Jun 11, 2020· Argentina will keep crushing 40 million to 42 million tonnes of soybeans per year,” the source close to the talks said. Fernandez is set to meet with Vicentin’s management late on Thursday.
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Mar 08, 2019· That has made it more economical to crush the beans and export soymeal to Southeast Asia – undercutting Argentina’s industry in the process. “We are normal people stuck in the middle of the U.S.-China tariff war,” said Javier Spinelli , an official with the union that represents about 1,300 workers in Rosario’s soy crushing industry.
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Sep 05, 2019· Argentine crush workers launch strike action over wage demands 5 Sep 2019 | Juan Pedro Tomas Argentina’s crushers’ union federation FTCIOD has called a nationwide strike to demand the re-opening of salary negotiations, Daniel Yofra, the …
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Dec 13, 2019· Argentine soy crushing giant Vicentin has halted its operations as the company battles to restructure its debts after defaulting earlier this month, two industry …
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Previously, soy byproducts were taxed at a lower rate to stimulate the crushing industry. “Tax irrationality and the trade war is battering the crushing sector in Argentina,” Idigoras said ...
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Dec 13, 2019· Argentina is the world's No. 1 supplier of soymeal livestock feed and soyoil. The Argentine firm has a joint venture with Glencore Plc called Renova, which has a major crushing plant in Argentina ...
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BUENOS AIRES (Reuters) - Argentina's Agriculture ministry said on Monday that China had approved the first seven crushing plants in Argentina to begin exporting soymeal to the world's biggest consumer of the livestock feed.
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Argentina, the world’s leading soybean meal exporter, has been facing supply constraints caused by prolonged dry weather conditions, coronavirus-related logistical issues, receding river levels and rising export taxes in recent months, reported the analysts. The country's soybean crushing sector has reportedly experienced challenges in procuring raw soybeans due to coronavirus related ...
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Argentine oil crushing industry workers reached over the weekend a much disputed salary agreement, ending a 26 day strike, and hopefully resuming activities which have paralyzed the Rosario ...
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Covid-19 restrictions affecting the soybean crushing industry in Argentina Argentina ranks as the world’s top supplier of soymeal and third largest exporter of soybeans. The largest soy crushing plant is located in Rosario, Argentina which handles most of the country’s soymeal production and export.
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Sep 05, 2019· (Adds background on grains industry, role of workers in strike)BUENOS AIRES, Sept 5 (Reuters) - An Argentine union for workers at grains crushing plants kicked off a national strike over wages, complicating exports in the main agricultural province of the South American country.The strike, which began late Wednesday, will impact the southern area of the main Rosario grains port.
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Sep 10, 2019· Beijing has been loathe to accept Argentine meal because it prefers to import raw soybeans and process them in China to promote its own crushing industry. But …
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Argentina's cattle industry had become a key growth driver in the economy, with Argentina ranking fourth in cow meat exports. Thus, it was crushing news when new cases of foot-and-mouth disease (FMD) were found in 2001, for the first time in 60 years. Although FMD is usually harmless to people, the virus is easily spread between animals, making ...
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Apr 07, 2020· Commodities trader Glencore Agriculture has bid $325 million for the minority stake in Argentine soy crushing plant Renova held by bankrupt family-owned company Vicentin, two …
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Jan 30, 2019· What Soybean Politics Tell Us About Argentina and China ... animal feed — has fueled the explosion of the soybean industry across Argentina, Brazil and Paraguay. ... (To feed its crushing ...
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Sep 11, 2019· Beijing has been loathe to accept Argentine meal because it prefers to import raw soybeans and process them in China to promote its own crushing industry. But …
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Argentine Official, in China, Talks Nuclear Deal and Soymeal. By Reuters. June 25, 2019 04:11 PM ... The trade war between Washington and Beijing has hit Argentina's soy crushing industry hard. A ...
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3 days China's New Clean Car Rule Is Great News For Its Automotive Industry. ... COVID-19 Could Crush Argentina’s Shale Boom By Nick Cunningham - Jun 25, 2020, 5:00 PM CDT.
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Mar 08, 2019· Previously, soy byproducts were taxed at a lower rate to stimulate the crushing industry. "Tax irrationality and the trade war is battering the crushing sector in Argentina," Idigoras said. JOBS ...
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Jun 11, 2020· Argentina will keep crushing 40 million to 42 million tonnes of soybeans per year," the source close to the talks said. Fernandez is set to meet with Vicentin's management late on Thursday.
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The impact of both events has been positive for US soybean crushers. Elevated soymeal prices, largely due to the shortage of the Argentine 2018 crop, compared to low US soybean prices, driven by China’s introduction of a duty on US soybeans, have supported US soybean crushing margins, driving the US soybean crush to a record high.
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5 hours ago· COVID-19 could crush Argentina’s shale boom. ... Oil worker unions and governors from oil provinces put intense pressure on the national government to prop up the industry. Earlier this year it ...
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Dec 13, 2019· Argentine soy crushing giant Vicentin has halted most of its operations as the company battles to restructure its debt after defaulting earlier this month, three industry sources with direct ...
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