January 19th – Grains and Markets

January 19th 2024

Grains and Markets


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 19th, until Monday January 22nd, 2024 0800 hrs.)

HQ Buenos Aires:

Nicolás Fichi              +54 9 11 5578 4559


Omar Mangiaterra           +54 9 11 3156 1681

Sebastian Ferrara          +54 9 11 3156 1679

Lorenzo Olmedo             +54 9 11 5597 8590

Walter Nestor Travaglini   +54 9 11 3156 1680


National Holiday: Monday and Tuesday February 12th and 13th, 2024 (Carnival)


Grains and Markets:

Algeria’s (OACI) tender for wheat was fixed at 600,000 tons, optional origin. Shipment is during April.

Egypt (GASC) is tendering for 30,000 tons of soya bean oil and 10,000 tons of sunflower seed oil.

Morocco is in the market for a Supramax full of soyabean meal during April and Colombia also for a Supramax during March.

Algeria (ONAB) are looking for 160,000 tons of maize on close dates.

Vietnam is wanting a Panamax of maize in each April and May.

Argentina 2023-2024 maize and soya bean harvest:

The latest (conservative) estimates issued by the Rosario Commercial Exchange put the coming harvest at 52,000,000 tons for soya beans and 60,0000,000 tons for maize.

This is down to good weather that continues all over the Pampas regions during our summer. Plenty of rain and not too excessive heat during our summer.

In the meantime Paraguay is looking at 5,900,000 tons of soya, still improving with the weather. 70 per cent of Paraguayan soya beans are crushed in Argentina.

Nueva Palmira – Iron ore exports:

Iron ore exports from Brazil, through Nueva Palmira are forecast to increase substantially during 2024.

During 2023 the figure stood at 350,000 tons.

The forecast for 2024 is 3,000,000 tons.

The iron ore is shipped by barge down the River Parana from Upriver Brazil and transshipped at Nueva Palmira to ocean going vessels.


Bunker deliveries at Zona Comun:


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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