Agricultural by-product shipments in Argentina grew 19% in 2021
Agricultural By-products
Argentina
Published Mar 3, 2022
Tridge summary
According to data from the National Ministry of Agriculture, Livestock and Fisheries, Argentina shipped a total of 32.3 Mt of agricultural by-products in 2021, 19% more than in all of 2020 and only 4% below the 2019 record. Of this total, 29.2 Mt were by-products of Argentine origin, while 3.1 Mt were of Bolivian, Paraguayan and Uruguayan origin.
Original content
The strong increase compared to the previous year is explained by an increase in shipments of all agricultural by-products, but particularly soybean meal. In addition, there was also a strong increase in shipments of products of foreign origin. However, it should be noted that, although shipments of these products grew considerably compared to the previous year, they were still below the mark of several of the previous years (2016, 2017 and 2019). Despite the fall in the primary production of some of the main crops, the high rate of industrialization of the main grains and the high external demand for agricultural derivatives drove this strong growth in shipments of soybean, sunflower, wheat flour and pellets. , cotton, bran and malt. Indeed, and as shown in the table below, the crushing of soybeans, sunflowers, wheat and barley grew by 15% in 2021 compared to the previous year. This year-on-year increase was led by the rebound in soybean processing, which rose more than 6 Mt to ...
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