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Argentina 2016/17 wheat production estimated at 14.4m tons and 8m tons exports

Tuesday, November 1st 2016 - 08:11 UTC
Full article 7 comments

Argentina’s wheat production is estimated at 14.4 million tons in 2016-17 and total exports are estimated at 8.03 million tons, the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Services (FAS) said in its latest report. The main market is expected to be Brazil, the historic, natural market for Argentine wheat and flour. Read full article

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  • Zaphod102

    “Total Argentine wheat flour exports for 2016-17 are projected at 850,000 tons ... This is the highest volume since 2012.”

    “With the new policies that the Macri Administration put in place late last year, total wheat exports rebounded significantly in 2015-16, the report said.”

    “...exports of feed wheat to Southeast Asia countries and South Korea were unusually high, as traders exported high stocks of low protein wheat produced in the 2014-15 and 2015-16 crops.”

    “...most economists are quite optimistic about the country’s growth as of 2017.”

    So, apart from boosting spending for state universities, growing the economy, helping Siemens to invest and provide us with 10,000 jobs, helping GE to invest US$10 billion, releasing the dollar clamp, starting the process of paying off our international debts which was a hole dug ever deeper for him by the previous administration's refusal to comply with their contractual obligations, stopping INDEC from lying about how bad we were doing, paying the pensioners, reducing inflation, reducing the number of power cuts, announcing a US$1.4bn investment in Patagonia, allowing Argentine farmers to export more, allowing the “Libertad” to sail to foreign ports without fear of being impounded, stopping the sell-off of Argentina to China, directly causing BP to be more interested in investing in Argentina, causing the US Ex-Im bank to start offering financing in Argentina at lower rates and introducing the Metrobus system in BsBa what did Macri ever do for us? ;-)

    Nov 01st, 2016 - 05:38 pm - Link - Report abuse -1
  • Marti Llazo

    “...growing the economy....” ?

    The economy isn't growing here. It's shrinking. Gross national product (PBI, por sus siglas en cristiano) is down about 3.4 percent.

    ----

    “..... reducing inflation....” ??

    Over the past 12 months it's about the same as it was during the previous 12 months. An interannual rate of about 40 percent. Down for one month? Una golondrina no hace verano.

    Nov 02nd, 2016 - 02:07 am - Link - Report abuse 0
  • CapiTrollism_is_back!!

    As per every year around this time I pass on the message: part-time job available for the summer season dec- march in Villa Gessell or Pinamar. Involves selling of jade and obsidian exquisities on beach sides. Afternoon or late night shifts available.

    Anyone interested please contact Arifu Gobakuwi “ the black Cheetah” from Senegal at the La PLata Bus Station taxi deck, behind the nearby coffee shop back door.

    Nov 02nd, 2016 - 05:30 am - Link - Report abuse -3
  • chronic

    Rg is renown for inferior wheat (10% protein) quality.

    Nov 02nd, 2016 - 03:18 pm - Link - Report abuse -1
  • Marti Llazo

    ”Rg is renown for inferior wheat (10% protein) quality.“

    Here is one of the media reports on ”Argentina to import wheat for the first time in its history“

    In jibberjabber:

    http://www.lanacion.com.ar/1900339-argentina-importara-trigo-por-primera-vez-en-su-historia

    And in the Uruguay press:

    http://www.lanacion.com.ar/1900339-argentina-importara-trigo-por-primera-vez-en-su-historia

    And a bit in English from the USDA

    ”...The expected average yield for 2016/17 is very similar to the previous two seasons. In 2015/16 yields were good, but the quality was very poor due to its low protein content. Some local flour mills indicate that it is one of the worst qualities of the past 20 years due to the combination of higher yields and low fertilization.....”

    Nov 02nd, 2016 - 06:37 pm - Link - Report abuse 0
  • Enrique Massot

    Who would have thought it?
    I agree with Marti's posting above.
    President Macri, who campaigned on “going back to the world, freeing the markets, taking out of the public service the militantes...” has pushed all Argentine economical indicators down during his 10-month tenure.
    While most wages have been deeply hurt by inflation and devaluation, congress members have just given themselves an almost 50 per cent increase--a move endorsed by Macri.

    Nov 03rd, 2016 - 05:00 pm - Link - Report abuse -1
  • Marti Llazo

    Huh? Reekie's comment has nothing to do with the discussion of wheat protein content. Makes one wonder.

    As far as the totally unrelated discussion regarding the legislature, you're a little behind on events as usual, Reekie. The so-called 47 percent increase has been set aside.

    “El 47 por ciento surge si se incorpora el aumento por desarraigo. Pero ese aumento se dejó de lado y quedó en 31 por ciento, que es lo que acordó el gremio de los empleados en las paritarias”, apuntó Barletta,....”

    Even the 31 percent increase is below the inflation level that characterised the Kirchner government and continues to this day. The appearance of the 47 percent was due to the portion that would have covered part of the expenses associated with travel for legislators. So the representatives are back to receiving less than a cost of living adjustment. Maybe they can make up for it by accepting bribes or something, in the traditional argentine manner.

    Nov 03rd, 2016 - 06:50 pm - Link - Report abuse -1

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