Argentina Grains Exchange Bumps Up Wheat Harvest Forecast, Trims Soy Area

January 10th, 2020


Category: Grains

(Reuters) – Argentina’s Buenos Aires grains exchange bumped up its wheat harvest forecast for the 2019/20 season and slightly trimmed its soy planting area outlook on the back of dryness in some of the country’s key farming regions.

The exchange said that it anticipated a soy planting area of 17.5 million hectares, down slightly from a previous forecast of 17.7 million hectares. The wheat harvest was nudged up to 18.8 million tonnes from an earlier 18.5 million tonnes.

Add New Comment

Forgot password? or Register

You are commenting as a guest.