According to economic projections, the crop would contribute between US $ 3,600 and US $ 4,000 million in foreign currency that will begin to enter strongly from next December.
“With the advance of the machines over the center of the agricultural area, the average yield increased to 24.4 quintals (2.44 tons) per hectare,” said the Stock Exchange, noting that until Wednesday farmers had threshed 32, 8% of the 6.6 million hectares planted with wheat.
However, the Stock Exchange warned about the possible impact of recent adverse weather conditions in southern wheat regions.
“It remains to be defined the yields to the south of the agricultural area where, although expectations are good, the impact of the last frosts and heat strokes will only be evaluated when the machines enter,” he said in his weekly crop report.
Regarding soybeans 2021/22, the key data is that the rainfall in the last week improved the moisture profile of the soils in the core region, which would benefit the key crop in the income of foreign exchange from Argentina.
According to the Stock Exchange, in the last week the sowing of the grain advanced 10.7 percentage points and reaches 39.3% of the planned area. The entity foresees a production of 44 million tons.
Meanwhile, the BdeC also noted that recent rainfall continues to improve humidity conditions for the development of the earliest batches of 2021/22 corn, whose production the Exchange estimates at a record 55 million tons. In this framework, local farmers have already established 30% of the expected area for cereal.
In this way, hand in hand with a good agricultural season, the sector would contribute next year, about US $ 35,456 million, which translates into 43% of the total, which would be US $ 82,819 million, ranking from this very close to the historical record of 2011 when the country exported for US $ 82,981 million.
The soy complex would once again become the main export complex of the agro-industrial sector, with a total of US $ 20,586 million. It is followed by the corn complex, with $ 8.55 billion in exports for 2022. In turn, it would be the second consecutive year that corn has exceeded the $ 8 billion barrier, consolidating itself as a complex. key in Argentine exports. In third place, the wheat complex is erected, with exports of US $ 4,003 million between grain and flour. Finally, the barley and sunflower complexes sign up with shipments abroad for US $ 1,253 and US $ 1,060 million each, both exceeding US $ 1,000 million also for the second consecutive year.
Source From: Ambito
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