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MercoPress, en Español

Montevideo, April 25th 2024 - 14:58 UTC

Tag: David Hughes ArgenTrigo

  • Wednesday, May 18th 2016 - 12:07 UTC

    Argentina forecasted to increase wheat area by 25% for a 15/16 million tons crop

    Argentina, the world’s 10th biggest wheat exporter, shipped 3.13 million tons of the grain in the first quarter of 2016 versus 1.53 million in the same 2015 period

    Argentine wheat exports more than doubled in the first quarter, government data showed, as farmers rushed to sell stockpiles ahead of an expected jump in plantings spurred by the open-market policies of new President Mauricio Macri. The surge in Argentine supply is hitting an oversaturated world market and putting downward pressure on wheat prices already near their lowest levels in six years.