Argentine Wheat Exports May Fall to Lowest in Almost 3 Decades on Quotas

Wednesday, January 26, 2011
By Paul Martin

By Rodrigo Orihuela
Bloomberg.com
Jan 25, 2011

Argentina probably exported the smallest amount of wheat in almost three decades last year amid drought and government restrictions on exports from South America’s largest producer of the grain, an economist said.

Exporters sold about 3.2 million tons of wheat through November, according to data compiled by Lorena D’Angelo, an economist at the Rosario Cereals Exchange, South America’s largest. She said after December sales are included, the total may be the lowest since 3.6 million tons shipped in 1981.

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