The drought affecting over half of Argentina’s territory means agricultural production levels this year will be lower than during the 2021/2022 season and below the five-year average, especially for wheat.
This is the warning report from the Rosario Grains Exchange, which said the 2022/2023 season is characterized by a complex scenario in which production of the main grains will suffer significant reductions compared with projections made at the start of the season last September.
This complexity is the result of climatic factors, rising input costs and policies that, taken together, “modify producers’ decisions,” the report said.
But the prolonged “La Niña” phenomenon, which has occurred for the third consecutive year, “has worsened the situation yet further, complicating sowing and crop development and the area suitable for planting, triggering a drop in potential yields,” the Exchange warned.
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Source: https://en.mercopress.com/2023/01/14/drought-in-argentina-will-have-a-great-impact-on-agriculture-production
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