Argentina Wheat Exports Eyeing the Future Crop

by

Jun 21, 2022 | Agricultural Markets

Reading time: 1 minute

As the 22/23 Argentina Wheat crop planting pace lags behind the average, the market eyes South America as an alternative to Ukraine in the coming marketing year. Indeed, Argentina Wheat exports surged in Mar 22, increasing 2 Mmt YoY, essentially due to the Ukraine conflict. Argentina increased monthly Wheat exports every month so far in 2022, with a combined volume of 15.6 Mmt exported in Q1 & Q2 (+7.9 Mmt YoY). However, Ukraine exported 2.2 Mmt of Wheat before the war per month and on average. As importers rely more and more on Argentina to source their Wheat, can Argentina continue the upward trend with its new crop later this year?

2022 Argentina Monthly Wheat Exports

Argentina Wheat Exports 2022

Track Wheat Cargos From Argentina to Up to 74 Destinations

Free & Unlimited Access In Time