Argentina grain exports may grow by 3 billion USD in 2010

General News Jan 1, 1970 0 views

    According to the Rosario Board of Trade in Argentina, Argentina's grain export revenue is expected to reach 20 billion USD in 2010, an increase of 3 billion USD compared with this year, though still 8 billion USD less than in 2008.

    Argentina's total grain exports in 2010 are projected at 77 million tons, higher than the 63 million tons of 2008/09, but lower than the record level of 96 million tons in 2007/08.

    The recovery in exports will benefit farmers. Export taxes will reach 6.3 billion USD, which is also good news for the Argentine government.

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Argentina grain exports may grow by 3 billion USD in 2010

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