The fundamental contribution of wheat to the Argentine economy

Published 2023년 11월 24일

Tridge summary

Wheat has been a significant crop in Argentina for centuries and continues to be a major player in the country's agricultural industry. Despite a recent decrease in planted hectares due to a lack of water, the forecast for the 2023/24 harvest shows a 17% increase in wheat production compared to the previous year. Argentina is also expected to have a larger presence in the world wheat market, potentially representing 4.3% of global wheat sales in the upcoming cycle. Overall, wheat plays a vital role in Argentina's domestic consumption and export economy.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wheat has been harvested on these soils since before the creation of the Argentine Nation as such. The first wheat plots were planted towards the end of the 17th century where the province of Córdoba is located today. Several centuries later, wheat production has been and is a constant in Argentine productive history. Today it is the third crop in area and production nationwide. Wheat occupies 16% of the area harvested in Argentina in the last campaign, in addition to 14% of the volume of grains produced in the 2022/23 harvest. Wheat is the second most produced and consumed crop by man worldwide, only behind corn. The wheat chain stands out for its great impact at the national level in four dimensions: production, exports, domestic consumption and employment. Although there was a lack of water, wheat production expects to grow this campaign. The presence of more rain for a year Niña arrived late for an important portion of the wheat area. In itself, the lack of water, a ...
Source: Agrositio

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