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Use of machinery dropped 30% on wheat harvest in Argentina

Use of machinery dropped 30% on wheat harvest in Argentina

Farmers from Argentina have used 30 percent less  of the machinery available in the country compared to the average of the wheat harvest in the previous years, says the Federation of Machinery Contractors of Argentina. According to the Buenos Aires Cereal Exchange, however, the crop will be 14 percent bigger than 2013/2014 with 11.5 million tons of output. The reason that less machinery is contracted are the increased costs and nearly US$ 90 less of the price paid for the grain. The machinery industry and contractors are reported to be cutting jobs in Argentina, according a Reuters story.

(Source – http://www.blackseagrain.net/novosti/use-of-machinery-dropped-30-on-wheat-harvest-in-argentina)

Use of machinery dropped 30% on wheat harvest in Argentina Reviewed by on . Farmers from Argentina have used 30 percent less  of the machinery available in the country compared to the average of the wheat harvest in the previous years, Farmers from Argentina have used 30 percent less  of the machinery available in the country compared to the average of the wheat harvest in the previous years, Rating: 0
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