Overseas Agricultural Information Bulletin (Issue 435)

Market & Price Trends
Published Apr 13, 2024

Tridge summary

In the first quarter of 2024, Argentina has experienced a remarkable 61.4% increase in agricultural exports, reaching US$4.523 billion, driven by significant harvesting progress in key crops like sunflowers, sorghum, corn, and soybeans. The country is on track to achieve daily agricultural exports of US$140 million in April, with expectations to surpass US$10 billion in the period from April 15 to August 15, and an anticipated annual export volume exceeding US$32 billion. Concurrently, Russia is setting ambitious goals to boost its agricultural exports to US$55 billion by 2030, up from US$43.5 billion in 2023, as part of a long-term growth trajectory from US$1.4 billion in 2000, according to Russia's First Deputy Minister of Agriculture Oksana Lute.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

2. According to a recent report on the website of Argentina's El Nacional, Argentina's agricultural exports in the first quarter of 2024 were US$4.523 billion, a year-on-year increase of 61.4%. At present, the harvested areas of sunflowers, sorghum and corn in Argentina have exceeded 91%, 15% and 12% respectively, and soybean harvesting has also begun. It is estimated that Argentina's agricultural exports will reach US$140 million per day in April. It is estimated that from April 15 to August 15, Argentina's agricultural exports will exceed US$10 billion, and the annual export volume will exceed US$32 billion. 3. According to a recent report by Russia's TASS, Russia's First Deputy Minister of ...
Source: Foodmate
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