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Safe from the drought, wheat achieved a record harvest and will contribute 5.5 billion dollars to the economy

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In total, some 6,600,000 hectares were planted with wheat.

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In the latter case, they were lots that could not be planted during the previous cycle due to water deficit, but the producers decided to plant them in this campaign that has just ended.

Because, the total fine crop campaign, with wheat and barley, was 26.8 million tons.

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In terms of wheat production, the core zone was the most developed.

In terms of wheat production, the core zone was the most developed.

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Final wheat production 2021/22

The scenario marks a campaign higher than the initial assumptions by 2.8 million tons of grain. To what do they attribute it? That the fertilization that the producers bet on had an effect and that the rainfall records, which although they were scarce, were distributed “in a timely manner around the critical moments of the cycle.”

Therefore, the season reached 21.8 million tons, which marks a new record national. It is in turn 2.8 Mtn higher than that of 2018/19, of 19 million tons.

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The north of Buenos Aires concentrated higher and better yields as a whole than in the south of the province.

The north of Buenos Aires concentrated higher and better yields as a whole than in the south of the province.

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Wheat: yield issues and zones

The southern zone of the Core Region had some of the highest values ​​in terms of quintals per hectare, with plots that reached between 60 and 70 qq/ha, in the north of Buenos Aires. At the same time, in the southeast of the province, some harvests with identical values ​​were also registered. The rest of the Buenos Aires territory grew with yields that did not fall below 30 qq/ha, with the exception of the Colorado River area, where they were affected by the weather.

In general terms, the national average yield was 34.4 qq/Ha, and rises 21.9% compared to the previous cycle and 11.5% compared to the average yield of the last 5 campaigns.

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The value of the wheat grain positively modified the impact of production on the country's economy.

The value of the wheat grain positively modified the impact of production on the country’s economy.

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What will be the contribution of wheat to the economy?

In general terms, from the Cereal Exchange they believe that the star crop of winter will contribute at least US$5.5 billion throughout 2022. It is a 43% above what wheat contributed during the past year.

This is also about a historical record.

Why is there such a big jump? The explanation lies in international prices: a 15% increase in its price was also the great driver that producers saw when launching into planting.

“In addition, it would also generate Record exports of US$4.5 billion, which would be 53% more. And it would contribute US$1.45 billion in tax collection (41%)”, they indicated.

For the entity, it is expected that in the next campaign the wheat chain will continue on the path of growth, “being one of the chains that has shown the best performance since the 2015/16 campaign.”

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