September 7, 2011

 

Argentina's grain production to hit 160 million tonnes

 

 

Argentina expects grain production to reach 160 million tonnes by 2020, with grain exports amounting US$100 billion, according to a plan announced by President Cristina Kirchner on Monday (Sep 5).

 

According to Agence France-Presse, the South American country, one of the biggest food exporters in the world, would need to increase grain production by 50% over the next nine years to meet the goal.

 

"In 2020, we will produce more than 160 million tonnes of grain thanks to technological and scientific advances," Kirchner said.

 

She said the plan would require expanding the area of grain production from 34 million to 42 million hectares (84 million to 100 million acres).

 

The plan has been developed by representatives from 23 provinces, 53 universities, agricultural schools, business associations, producers and family farmers, officials said.

 

Argentina is the second largest exporter of corn, the third largest export of soy and the fourth largest exporter of wheat.

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