Argentina reaches record corn exports between March and October

Argentine corn exports reached a record between March and October 2019, with 35.5m tons according to the Nation’s Ministry of Agriculture, Livestock, and Fisheries.

Argentine maize sales reached 36.50m tons until October, which meant a 69.7% increase over the same period of the 2016-17 harvest, when the record of 21.5m tons had been reached.

“This mark achieved by corn is the result of public-private articulation and changes in public policies for the grain sector, after the government eliminated taxes and limits that many years ago reached their shipments, added to technology,” said the Minister of Agriculture, Livestock, and Fisheries, Luis Miguel Etchevehere.

Considering the volume of argentine corn exports between March 1 and October 15, 2019, 27.35m tons left Argentine ports, against 19.36m tons shipped during 2017, the year of the last record in that same period. Thus, there was a 41.3% increase in shipments compared to the previous record.

Also, according to the country’s Ministry of Agriculture, “the excellent prospects for exporting Argentine corn are also projected for the 2019/20 crop, as so far exporting companies have registered sales totaling 11.40m tons, against the 4.31m tons, corresponding to the 2018/19 harvest, registered on the same date.”

“On the other hand, Argentinian corn reaches 106 destinations so far, consolidating itself as the third world exporter of the product, with great recognition for its quality,” added the Ministry.

Source: Portal Portuário

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