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Argentina had restricted wheat exports to ensure domestic supplies and avoid rising local prices
.
However, with the further surge in international wheat prices caused by the conflict between Russia and Ukraine since the end of February, Argentina decided to expand its wheat export quota
.
.
However, with the further surge in international wheat prices caused by the conflict between Russia and Ukraine since the end of February, Argentina decided to expand its wheat export quota
.
Argentina has decided to take advantage of record international wheat prices by increasing its wheat export quota for 2022/23 on top of the 2 million tonnes already approved for export, Agriculture Minister Julian Dominguez told a news conference.
8 million tons
.
However, the raised wheat export quota is still lower than the 14.
5 million tonnes in 2021/22
.
8 million tons
.
However, the raised wheat export quota is still lower than the 14.
5 million tonnes in 2021/22
.
Planting of Argentina's 2022/23 wheat crop will begin in May, but sales tend to start months earlier, especially with high wheat prices
.
.