Argentina’s wheat crop to jump to 18mt in 2023/23, says grain exchange

Argentina’s wheat harvest was estimated at 18 million tonnes for the 2023/24 cycle compared to just 12.4 million tonnes in the previous season when crops first felt the impact of a historic drought, informed the Buenos Aires Grain Exchange (BdeC).

Argentina is the world’s leader in wheat exports. See below a chart showing the country’s monthly exports of wheat, measured in TEUs, from Jan 2020 to Mar 2023. The data is from the DataLiner business intelligence service of Datamar.

Wheat exports from Argentina | Jan 2020 – Mar 2023 | TEU

Source: DataLiner (click here to request a demo)

Most grain shipments from the South American country are destined for Brazil and Indonesia.

Source: Money Times

To read the original report, please visit: https://www.moneytimes.com.br/safra-de-trigo-da-argentina-vai-saltar-para-18-mi-t-em-2023-23-preve-bolsa/

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