US EditionThe New Wheat Market and Crop Profitability for the 2025/26 Cycle
Summary by La Nacion
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The Government’s decision to maintain the current export duties (DEX) for wheat cultivation until March 2026 seems to be correct. The nearly $200 per tonne currently quoted for December/January delivery in Matba/Rofex (harvest position), in the vast majority of cases shows negative margins. That’s why, returning the DEXs at the end of January, which is from the current 9.5 per cent to 12 per cent, would bring the theoretical export parity values…
·Buenos Aires, Argentina
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