Argentina: Grain and Feed Update

  |   Attaché Report (GAIN)   |   AR2023-0009

Contact:

Office of Agricultural Affairs, Buenos Aires   |   (011-54-11) 5777-4627

Link to report:

Argentina: Grain and Feed Update

Improved weather forecasts are expected to lead to recoveries in grain production in Argentina. However, continued dry conditions are projected to limit planting of wheat and rice. The Argentine government has announced a new temporary exchange rate program to boost exports of grains in July and August with barley, corn, sorghum and rice all eligible for the favorable exchange rate. Wheat production in marketing year (MY) 2023/24 is lowered to 17.0 million metric tons (MMT). Exports remain unchanged at 12.0 MMT. Barley production for MY 2023/24 is lowered to 4.5 MMT. Smaller output will cut potential exports to 2.6 MMT. Corn production in MY 2023/24 is projected slightly higher at 55.0 MMT. Rice production for MY 2023/24 is forecast at 1.054 MMT, rough base, significantly lower than the official USDA estimate. Rice exports are lowered accordingly.

Western Hemisphere, Argentina
Grains, Feeds and Fodders, Coarse Grains (excl. corn), Corn, Rice, Wheat

Database Source:

Related Reports

View More
Attaché Report (GAIN)

European Union: European Union Finalizes New Rules for Packaging and Packaging Waste Reduction: TEST EDIT

In March 2024, the Council of the European Union and European Parliament concluded negotiations on the EU’s Packaging and Packaging Regulation. The current text is going through a legal review but is now de-facto final and is expected to be formally adopted in the coming months. TEST EDIT
Attaché Report (GAIN)

Canada: Canada Implements a Federal Plastics Registry

On April 22, 2024, Canada announced the implementation of a Federal Plastic Registry to monitor the types and volumes of plastic products, including plastic packaging used in agriculture and food manufacturing, through their life cycle on the Canadian market.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased one percent as exporters are securing rice supplies to fulfill contracted shipment despite the weakening of the Thai baht.