Argentina's total export revenue of corn reached US $1179 million in 2004
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Last Update: 2008-11-03
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Source: Internet
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Author: User
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Lead: Argentina exported $1.179 billion worth of corn in 2004, down 3.0% from $1.215 billion in 2003, according to the National Statistics Department Indec on Monday Indec did not provide data on corn exports in 2004 According to the U.S Department of agriculture, Argentina is the second largest corn exporter in the world Part of the reason for the decline in corn exports is the reduction in domestic corn production According to the Argentine Ministry of agriculture, Argentina's corn production in 2003 / 04 was 13.5 million tons, compared with 14.7 million tons in the previous year In addition, the demand for corn in the domestic poultry industry has increased, which has also reduced the export supply of corn Argentina's corn exports account for about 70% of its annual output The Ministry of agriculture of Argentina expects corn production of 18-19 million tons in 2004 / 05, depending on climate conditions Farmers will begin harvesting 2004 / 05 corn in February.
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