Wheat: value of Argentine exports could drop USD 500Mln in 2022-23

The projected value of Argentine wheat exports during the 2022/23 campaign may reach US$ 4.270 billion, US$ 500 million less than in the current campaign. According to specialists from the Rosario Stock Exchange (BCR), despite the volume drop projected, FOB cereal prices for the new campaign remain at high values, which could partially offset eventual losses. The information is from CMA LatAm.

See below the track record of wheat (HS 1001) shipments in containers from Argentina in the period between January 2021 and July 2022. The data is from DataLiner.

Argentine wheat exports | Jan 2021 – Jul 2022 | TEUs

Source: DataLiner (click here to request a demo)

Source: Canal Rural

To read the full original article, please go to: https://www.canalrural.com.br/radar/trigo-valor-das-exportacoes-argentinas-pode-cair-us-500-milhoes-em-22-23/

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