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Argentine wheat crop, and export surplus, lowest of 32 harvests

Friday, October 16th 2009 - 05:25 UTC
Full article 1 comment

With the lowest wheat area in 111 years, Argentina expects a 2009/10 crop of 7.5 million tons, the worst in the last 32 seasons, which means exports, --and tax revenue--, will be ten times less than the 2007/08 crop according to the Argentine Rural Society Economics Department. Read full article

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  • WAYNE

    It is impossible for tax revenue to be “ten times less” this is bad math. However it can be “one tenth” of previous year.

    Oct 16th, 2009 - 01:11 pm - Link - Report abuse 0

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