Argentina and Brazil Could Expand Wheat Production Due to the War in Ukraine

The war in Ukraine is expected to expand wheat production in Argentina and Brazil, the primary wheat-producing nations in South America. Both nations will likely already increase wheat planting this season, which begins in May 2022. The high price of wheat after a significant shock to agricultural c...

Full description

Bibliographic Details
Main Authors: Colussi, Joana, Schnitkey, Gary, Cabrini, Silvina María
Format: info:ar-repo/semantics/artículo
Language:Inglés
Published: University of Illinois 2022
Subjects:
Online Access:http://hdl.handle.net/20.500.12123/13079
https://farmdocdaily.illinois.edu/2022/04/argentina-and-brazil-could-expand-wheat-production-due-to-the-war-in-ukraine.html
Description
Summary:The war in Ukraine is expected to expand wheat production in Argentina and Brazil, the primary wheat-producing nations in South America. Both nations will likely already increase wheat planting this season, which begins in May 2022. The high price of wheat after a significant shock to agricultural commodity markets caused by the Russian invasion of Ukraine is undoubtedly an incentive for increased planting of wheat in Argentina and Brazil, as well in the United States (see farmdoc daily March 29, 2022). However, high input prices, in particular the price of fertilizer, could partially offset the incentives for increased planting of wheat in South America.