Argentina Agriculture Profile | glObserver Global Economics

(Argentina Agriculture ) Favourable production prospects for 2015 maize crops despite lower plantings Production of the 2015 maize crop is estimate to decline by some 8 % from last year’s record level but still remain well above the five-year average.

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Wheat flour prices in January were at a 16-month low and well below their peaks a year before, mainly reflecting the arrival into the market of the 2014 good harvest, completed in December. Prices where almost 56 % below their level of January 2014. Similarly, yellow maize prices as well declined sharply in January and were some 9 % below their levels a year before. The sharp decline mainly reflects this year’s bumper crop.

See on Scoop.itglObserver Americas


Author: globserver

Director of Eyecom china

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