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Drought brings shipping of soy products on Paraná River in Argentina to a halt

RIO DE JANEIRO, BRAZIL - With the lack of rainfall, the water level in the Paraná River in the region of Gran Rosario, Argentina, fell to its lowest level since the end of 1970. This has considerably affected the volume of shipments of corn and soybean derivatives in the Up-River ports, says the Rosario Stock Exchange in a report.

Although soybean crushing this year is so far at a much higher pace than in the first months of 2020 (from January to May, processing was 18 million tons, up from 15.5 million tons in the same period last year . . .

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