According to experts at the Buenos Aires Grain Exchange, the rains that have taken place in the agricultural regions of Argentina affected by the drought have restored the required level of soil moisture in 71% of the area under wheat, Reuters reports.
It is also noted that rains are also expected at the beginning of next week, which should contribute to the development of grain crops.
In general, as of July 20, the sowing campaign of wheat in Argentina was carried out on 91.2% of the planned areas. Recall also that last season, the strongest, according to official data, drought halved the wheat harvest in the country - to 12.4 million tons.
In addition, it is reported that according to the results of the crop tour, as of the reporting date, corn in the country was harvested on 66.1% of the planned areas, the grain yield is 4.97 t/ha. The corn harvest in Argentina in 2022/23 MY is expected to reach 34 million tons.