Argentina raises wheat production forecast to 23.8 million tons
In Ukraine, UkrAgroConsult reported that Argentina could harvest 23.8 million tons of wheat in the marketing year 2026/27, marking the country’s second-largest crop on record. The Rosario Grain Exchange (BCR) has raised its production forecast by 2.8 million tons from September’s estimate of 21 million tons. The 13.3% upward revision reflects higher-than-previously-expected yields.
The most favorable crop prospects are currently seen in Santa Fe province, where average wheat yields could approach 4 t/ha. This would slightly exceed the expected yields in Buenos Aires province, traditionally one of Argentina’s main wheat-growing regions. Favorable growing conditions have allowed analysts to significantly improve their production estimates, according to the report.
Below-normal temperatures in early spring have been an important factor supporting wheat development and improving crop prospects. However, the limited number of sunny days remains a concern and could affect further crop development. Argentina’s wheat harvest is expected to begin in November, meaning final production volumes will depend on weather conditions over the coming weeks, the report added.
Category: Food & Agriculture
