2) In all, #Argentina expects to produce 125 million tons of wheat, corn and soybeans combined, a staggering 35% increase for one of the world’s top growers.
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1) Good news: #Argentina’s farms continue to recover from a devastating drought, with @jpmorgan projecting “record-high production” in the 2018/19 season.
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3) If accurate, that would generate $28 billion, an $8.2 billion (41%) increase from the previous season and a desperately needed shot in the arm as
#Argentina tries to claw its way out of a recession.Show this thread -
4) For more on
#Argentina’s agricultural sector, see@LATAMProg’s Q&A with Esteban Copati of the Bolsa de Cereales. https://www.wilsoncenter.org/article/drought-conversation-esteban-copati-head-the-agricultural-estimates-department-the-bolsas-de …@ecopatiShow this thread
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