Primary export growth (only six foreign companies focus 72%)

In this context, the bulk of the export business wheat It remained in the hands of only six companies. especially, North American Cargill has established itself as the leader in the sector with shipments over 5 million tons (15.3% of the total), followed by China’s Cofco with 4.9 million tons (15.2%).. The third place is for the American ADM company with 4.5 million tons (13.8%) and the fourth place is also for North American Bunge with 3.9 million tons (11.9%). Finally, the fifth place was held by Dreyfus (the French and Emirati capitals) which exported 2.9 million tons (9.1%) and the sixth place by the Canadian company Viterra (formerly Glencore) with 2.4 million tons (7.3%). In this way, these companies, none of which has national capital, added more than 23 million tons of grain, which is more than 72% of the total.

Low oil and flour

Meanwhile, with regard to exports of by-products (flour and oils), it accumulated in the first semester 15.5 million tons, which is a decrease of 26% compared to the same period of the previous year when it was sent abroad .19.5 million tons.

In this segment, the focus of the business is more pronounced, because the Canadian Viterra is the undisputed leader, since the fall of Vicentin and thanks to work at its production plants, with shipments of 3.3 million tons, which is 21.6% of the total.. Looking back, the national company, Aceitera General Deheza, led by the Urquía family, which exported 2.7 million tons (17.6%) and the third place is shown by Molinos Agro, also Argentine, with 1.9 million tons. (12.4%). These three companies transported a total of more than 7.9 million tons, accounting for more than 50% of the total.

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The scenario is practically reflected in oil exports, where there was not only a 27.5% decrease, 4 million tons in the first half of last year, compared to 2.9 million tons in the same period this year, but also in the concentration shown by companies. Once again Viterra occupies a leading position with no less than 27% of the total, which is about 810,600 tons.It is followed by AGD with 14% (424,700 tons) and then Molinos Agro with 12.6% (378,600 tons). Again, these three companies focus on more than 55% of the business.

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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