24 May 2023 | 17:30 UTC
Infographic: Historic drought in Argentina reduces crops and raises food security risk
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Argentina, one of the world's top agricultural suppliers, has endured a severe drought since 2022. The South American country exports corn, wheat, soybeans, soybean meal and oil to Africa and Asia. However, with a significant dip in Argentina's domestic production amid historic drought, a crucial supply line to global food security has been curtailed.
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Non-Export = Consumption + Ending Stocks
Wheat MY 2022-23: (Dec 2022-Nov 2023)
Soybean MY 2022-23: (April 2023-March 2024)
Soybean Meal MY 2022-23: (May 2023-April 2024)
Soybean Oil MY 2022-23: (May 2023-April 2024)
Corn MY 2022-23: (April 2023-March 2024)