Argentina: Grain exports grow 97% in first quarter


The Buenos Aires Cereal Exchange has reported today that within the first three months of the year grain exports in Argentina have grown 97 percent in value compared to the first quarter of 2016. On the other hand, products deriving from those grains have had a decline in exports of 10.6 percent. In the case of biodiesel, there a fall of 16.8 percent, while oil exports dropped 15.3 percent.

Total sales summed US$ 326 million in the period against US$ 165 million in the first quarter of last year. The sales of derived products were US$ 2.3 billion. There was less crushing and less oil processing in the period.


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