Record Argentina Wheat Crop Getting Bigger
Argentine farmers are expected to harvest 21.8 MMT of wheat, according to the Buenos Aires Grains Exchange. The fourth increase over the past month by the exchange was due to higher-than-expected yields as farmers wrap up harvest.
“Along with the advance of the harvest, the yields collected in the southeast of Buenos Aires were improving, a key region due to its yield potential and its surface contribution to the national total planted,” the exchange reported in its weekly crop report.