Argentina: Rice campaign 2006/07 Corrientes province

Recently the Association Correntina of Rice Planters (Acpa) presented figures for rice campaign 2006/07. The production was of 450,000 MT, descending a 18% in relation to the previous campaign. According to chief of Acpa even that were lost about 1000 kilos as at the moment prices in the market are 20% higher than last year, the sales are profitable. The sales are done mainly to Brazil, where the parity of the currency favors Argentine rice exports.

Are expected more exports to other countries as Chile between September and october. Also he explained that exports to third countries will begin in the next months and particularly to Chile.