Total Mercosur (Argentina, Brazil, Paraguay, Uruguay) wheat production will drop 2.69% this season

17.08.2017

Brazilian consultancy Trigo & Farinhas has issued a new projection for the total wheat production in the Mercosur market, which considers Argentina, Brazil, Paraguay, and Uruguay. The consultancy expects that Argentina would produce 17.5 million metric tons, which over six percent higher than in the previous crop, but the crops would be smaller than last year in all other countries: Paraguay (694,000 tons), Brazil (4.9 million tons) and Uruguay (600,000 tons).

“Argentina clearly will direct more wheat to Brazil even maintaining a lot of exports to countries outside of the Mercosur,” said Luiz Carlos Pacheco, director of Trigo & Farinhas.



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