Argentine 2006/07 wheat export commitments rose to 8.895 million tonnes by November 23, the Agriculture Secretariat said in its latest weekly report. By the same date last year, Argentina, a top-five wheat exporter, had sold 8.17 million tonnes of the grain.
During the last week, the government reported sales of 50,000 tonnes to Brazil, 12,000 tonnes to Yemen, 4,000 to South Africa and 2,000 tonnes each to Paraguay and Vietnam. It also made a negative adjustment for 55,000 tonnes to unspecified destinations.
The US Department of Agriculture forecasts Argentine exports of 2006/07 wheat at 10.5 million tonnes. Argentina's 2006/07 wheat crop totalled 14.6 million tonnes, according to government figures, up from 12.6 million tonnes in 2005/06.
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