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Australia-China Spat Opens Door for Grain Rival Argentina

Photographer: David Gray/Bloomberg
Updated on

Farmers in Argentina are pouncing on a trade feud between grain rival Australia and voracious crop buyer China.

Argentine growers are set to expand barley plantings by 28% this year after China slapped tariffs on Australian exports of the grain used in livestock feed, one of a slew of similar restrictions imposed by Beijing amid souring relations.