Wheat surface to increase less than expected in Argentina

18.07.2016

The Rosario Board of Trade has reduced its projection for wheat planting in Argentina to 11.1 million acres. The forecast has shrank in 617,763 acres comparing to the last month.

The change was because of the excess of rain in some areas of the provinces of Córdoba and Santa Fe. At the moment, the planting has reached 65 percent of what now is expected to be planted. Another major thing is that the planting in the province of Buenos Aires, the major wheat producing province, with a delay of 30 percentage points comparing to previous years due to high moisture.


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