Argentina’s Dry, Cool Weather Heralds Good Wheat Yields, Exchange Says

By Maximilian Heath

BUENOS AIRES, June 30 (Reuters) – Dry, chilly weather over Argentina in the coming days is set to boost conditions for planting the country’s 2025/26 wheat crop, the Rosario grains exchange said on Monday, predicted higher than usual yields thanks to good levels of moisture in the soil.

Argentina is a top world supplier of wheat, and the exchange estimates that this season will see farmers plant some 7.1 million hectares with the staple crop, up from 6.9 million hectares planted last season.

The 2024/25 season had produced some 20.1 million tons of wheat, though Argentina’s largest ever wheat crop was in 2021/22, according to exchange data, when it hit 23 million tons.

“Water reserves are comparable with the best years of wheat, 2021 and 2017,” the exchange’s estimates chief Cristian Russo said in a report.

“This is very encouraging data that puts us on track for a season that could exceed average yields. Everything points to an environment of high wheat production,” Russo added.

As of last week, Argentine farmers had planted 72.7% of the area planned for the current season, according to the Buenos Aires exchange, which estimates a slightly lower farming area of 6.7 million hectares.

(Reporting by Maximilian Heath; Editing by Chizu Nomiyama)