Argentina: Are you eating less bread and pasta

Published 2021년 4월 19일

Tridge summary

The article highlights that the amount of bread wheat milled in Argentina during the first quarter of the 2020/21 campaign reached 1,258,357 tons, marking the lowest start to a season since the 2015/16 campaign. The quarter saw a notable decrease in milling activities, with December 2020 having the lowest milling volume since December 2013, and January 2021 experiencing the lowest milling since January 2017. Despite stable flour consumption in Argentina, the total milling use for the year is projected to be 2% lower than the previous year at 6 million tons. Furthermore, the quantity of wheat acquired by the mill was also at a six-year low, which contrasts with the increased consumption of bread and pasta due to rising prices of other foods.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After the first quarter of the 2020/21 campaign, which runs from December 2020 to February 2021 inclusive, the official data on bread wheat milling show an accumulated 1,258,357 tons of processed cereal. This volume is the lowest for the same period since the 2015/16 season, when in the midst of a sharp drop in production, the availability of wheat in Argentina was the lowest in the last 7 years, just 11.4 million tons, well behind 17 Mt. Let us remember that at that time (2015/16) the planted area had fallen below 4 million hectares while the average yield at the national level did not exceed 30 quintals, figures really daunting. Looking at the current cycle, the steepest drop is observed in December 2020, the first month of the new business year, when less than 390,000 tons were processed, the lowest volume for the same month since December 2013. In January 2021 bread wheat milling, with 440,311 tons, was the lowest since January 2017, while the 428,351 tons in February were ...

Source: On24