In Missouri, World Grain reported that the corn planting area in Argentina was revised upward to 6.6 million hectares from 6.3 million hectares in the latest Buenos Aires Grains Exchange estimate.
The report noted that soybean planting area is now pegged at 18.4 million hectares, a reduction of 200,000 hectares from the previous estimate as farmers turn to alternative options amid low soybean prices, the exchange noted.
The exchange also said that about 89% of wheat fields have been reaped, with the season’s harvest seen at 18.6 million tons.
The Foreign Agricultural Service (FAS) of the US Department of Agriculture forecast corn production in Argentina at 48 million tons for marketing year 2024-25 in its latest report.
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Tags: Argentina, grains
Category: Food & Agriculture
