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Peanuts: a sigh of relief in Argentina

March 11, 2024 at 11:55 AM , Der AUDITOR
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NEW DELHI/BUENOS AIRES. Heat and drought were a major concern for Argentinian peanut growers in January and February. March has been somewhat more favourable so far. In India, the market could be literally flooded with peanuts.

High temperatures are becoming a problem

Demand on the Indian peanut market remains rather weak and the already low prices are continuing to fall. This trend is likely to continue for the time being, as market players reckon that stockists and growers will soon sell off large parts of their supplies. The reason for this is the rising temperatures, which are favouring the spread of the dreaded Munda disease; before this affects their goods, the majority of suppliers will decide to sell in the near future. Market experts forecast high arrivals, especially from Tamil N

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