Farmers in Argentina are pouncing on a trade feud between grain rival Australia and voracious crop buyer China. Argentine growers are set to expand barley plantings by 28 percent this year after China slapped tariffs on Australian exports of the grain used in livestock feed, one of a slew of similar restrictions imposed by Beijing amid souring relations. Farmers on Argentina’s Pampas crop belt usually compete with Australia for a share of global wheat sales, while sending their barley to camel herds in Saudi Arabia and other parts of the Middle East. But the diplomatic upheaval — which comes as concern heightens on the Pampas that the government may raise wheat-export taxes — has opened a door to ally China. BloombergQuint reports. Rail […]
Australia-China spat opens door for grain rival Argentina
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