BUENOS AIRES, ARGENTINA — Recent rains has boosted Argentina’s wheat production estimate from 19.2 million tonnes to 19.8 million tonnes, Reuters reported, citing the Buenos Aires Grain Exchange.
Although there has been “restrictive ground moisture,” rain came at key moments to maintain the crop, the exchange said.
The average wheat yield has been 1.03 tonnes per hectare and any dry spells going forward could cut the crop estimate.
Soybean planting for 2021-22 has started with 4.6% of the 16.5 million hectares completed so far. It is expected to be the lowest soy planting area in 15 years.
About 27.6% of the 7.1 million hectares of corn has been planted.
