
(NAFB.com) – Argentina is shipping grains to overseas markets at a strong pace this season. Reuters said record sunflower exports and booming corn sales helped to move one of the country’s biggest harvests in years. The Rosario Grains Exchange said the shipping is moving at a good pace, even though the conflict in the Middle East is adding volatility to global prices and raising freight costs. Argentina is benefiting from record corn and wheat production and the best sunflower harvest of the 21st century. Sunflower oil exports posted their strongest start to the marketing year since 2005, and shipments of raw sunflower seeds hit unprecedented levels in the first quarter. Corn is also off to a quick start as the new corn export season is expected to break records and top four million metric tons. Argentina’s edge in the world market could weaken later this year when Brazil’s second-season corn crop begins reaching global buyers.