January 12th 2024
2023-2024 Harvest forecast
ANTARES: We attach to this News a flyer with the full detail of all our staff and offices for your ready reference.
Weekend duty staff: (Friday, January 12th, until Monday January 15th 2024, 0800 hrs)
HQ Buenos Aires:
Horacio Vazquez +54 9 11 5578 4554
Upriver:
Kevin Masia +54 9 11 6919 2280
Lautaro Alvarez +54 9 11 6656 1678
Tomás Noguera +54 9 11 6434 1674
Walter Nestor Travaglini +54 9 11 3156 1680
National Holiday: Monday and Tuesday February 12th and 13th, 2024 (Carnival)
Grains and Markets:
South Korea (NOFI) has purchased 135,000 tons of maize on April dates. CJ International one parcel of 67,000 tons to be sourced from ECSA. The other parcel (68,000 tons) was sold by COFCO with optional origins, including ECSA.
Also South Korea (NOFI) have purchased a Panamax of maize on April dates.
Egypt is in the market for a Panamax of soya beans on April dates, Morocco is also in the market for a Panamax of soya bean meal on same dates.
The Algerian tender for 120,000 tons of maize was booked from Argentina on January-February dates.
Tunisia has purchased 2 shipments of 25,000 tons of wheat from Viterra on January-February dates.
Also 2 times 25,000 tons of barley, also Viterra, on February dates.
New Government – General Strike January 24th:
The CGT (National Federation of Trade Unions) has called for a National general Strike on January 24th.
The extent of the strike and how this affect port and vessel operations is still unknown.
We will revert with details as soon as they are available.
The strike is to protest the policies of the Government that took office on December 10th and intends to curtail the right to strike and affect many of the particular privileges that many areas of the economy have “enjoyed” over many years.
Bahia Blanca – Berths condition:
All berths at Bahia Blanca, with the exception of berth 5 at Puerto Galvan, are back in service after the damage caused by the storm of December 16th.
Some of the berths are still being supplied via temporary electricity rigs but the ingress of cargo and loading of vessels is being performed normally.
2023-2024 Harvest forecast:
The Rosario Commercial Exchange (BCR) has forecast the wheat harvest to be 15,100,000 tons. This would provide an export total of just under 8,000,000 tons.
The latest forecast, from the same source, puts the soya bean harvest (commencing March) at 50,000,000 tons, although some now talk of 52,000,000 tons.
They also upped the forecast for maize to 56,000,000 tons, and although it is early days still, some say it may reach 59,000,000 tons.
MAIZE PRODUCTION IN ARGENTINA, MEASURED IN TONS
Bunker deliveries at Zona Comun:
STS BUNKER AT ZONA COMUN FOR NEXT DAYS:
As always, the STS operation is up to the discretion of the Master’s of the vessels involved.
Will keep you posted.
Best regards,
Antares Servicios Maritimos S.A.
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