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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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.Show this thread
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.
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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 threadThanks. Twitter will use this to make your timeline better. UndoUndo
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