Commodities
Argentina Seeks Its First Wheat Shipments to China in Decades
- Wheat output in Argentina’s breadbasket region set to jump 18%
- Trump tariff threats raise hopes for export opportunities
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Argentina wheat traders are seeking to close their first significant sales to China since the 1990s, according to the head of the country’s top crop-exporting group.
China is making overtures for wheat purchases after it authorized Argentine shipments earlier this year, said Gustavo Idigoras, president of Ciara-Cec, whose members include the major agricultural trading houses. China also recently authorized purchases of Argentine corn, though no cargoes have yet sailed.