Argentina: They estimate that wheat exports in 2023-24 will contribute 2,240 million/ton

게시됨 2023년 11월 27일

Tridge 요약

A report from the Rosario Stock Exchange predicts that wheat exports in the 2023/24 Argentine campaign could increase by 108.76% to reach US$2,240 million. However, this projection is still much lower than previous successful campaigns that averaged over 12 million tons exported. The current harvest is expected to reach 13.5 million tons, with the potential for final stocks from the previous campaign to increase the exportable balance for the current cycle.

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원본 콘텐츠

(NAP) Wheat exports in the 2023/24 Argentine campaign could grow 108.76%, measured in values up to US$ 2,240 million, detailed a report from the Rosario Stock Exchange. According to the BCR projection, the total volume exported in the new campaign would reach 8,700,000 tons, a figure much lower than more successful campaigns. The comparison, however, is not with the number 3.2 mill/ton of the previous campaign - crossed by a historic drought that decimated the harvest -; But the BCR makes the comparison with the campaigns from 2017 to 2022 that achieved an average of more than 12 million/ton exported. The current harvest, which is in full process, would reach 13.5 million tons for the BCR, only 2 million above the 2021/22 cycle, strongly affected by the drought (The Buenos Aires Grain Exchange estimates that the harvest will be 14.7 ...

출처: Noticias Agropecurias