Argentina reduced exports of all major crops in 2023 due to drought

According to the experts of Rosario Grain Exchange, Argentina significantly reduced the exports of major crops in 2023 due to the low harvest of 2022/23 MY, which was affected by drought.
In particular, soybean exports amounted to 23.6 mln tonnes for the year, down 39% y-o-y.
Corn shipments decreased by 33% y-o-y to 24.3 mln tonnes, and wheat shipments decreased by 76% y-o-y to 3.6 mln tonnes.
As a reminder, in 2023/24 MY Rosario Grain Exchange analysts expect Argentina’s wheat harvest to reach 14.5 mln tonnes, soybeans – 50 mln tonnes, corn – 56 mln tonnes.
Read also
BLACK SEA OIL TRADE: Showcase Your Business Among the Key Market Makers!
Ukraine. Starting in June, minimum export prices will be determined in a new way
Algeria forecasts stable wheat and barley harvest for 2025/26
FAO expects production of all major cereals to increase in 2025/26
Ukraine. Current European quotas will be enough for 2-3 months of exports
Write to us
Our manager will contact you soon