Argentina is among the world’s top wheat exporters and is a major supplier to South American countries. It is projected to export a record 14.5 million tonnes in 2021-22, which would rank seventh globally, according to the Foreign Agricultural Service of the US Department of Agriculture.
See below the track record of Argentine exports of wheat from January 2021 to March 2022. These data are from Datamar’s DataLiner.
Argentine Wheat Exports | Jan 2021 – March 2022 | TEU
The global wheat supply is declining due to the war between Russia and Ukraine, which account for nearly one-third of global wheat exports, as well as lower output projected due to weather in places like the United States and India.
The USDA estimates that global wheat ending stocks will fall to 278 million tonnes in 2021-22, the lowest level since 2016-17.
A total of 6.35 million hectares of wheat are expected to be planted in 2022-23 in Argentina, about 550,000 hectares less than the previous season, the Rosario Grains Exchange said.
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