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By Maximilian Heath
BUENOS AIRES, Aug. 28 (Reuters) – Abundant rainfall and strong soil moisture levels are expected to benefit Argentina’s 2025/26 wheat crop, which is forecast to post above-average yields, the Buenos Aires Grain Exchange said on Thursday.
According to the grains exchange, 99.5% of the 6.7 million hectares planted with 2025/26 wheat are in normal-to-excellent condition, supported by record rainfall in producing areas between July and August.
“Although it is premature to estimate a yield, expectations remain above average,” the exchange said in a report.
Last season, 6.3 million hectares of wheat were planted in Argentina, with a production of 18.6 million tons, according to data from the exchange.
Argentina is a key global exporter of wheat, mainly to Brazil and Indonesia.
Farmers have almost finished harvesting the 2024/25 corn crop. The grains exchange estimated the harvest to be 97.2% complete and expected production for the season to reach 49 million tons.
(Reporting by Maximilian Heath; Writing by Paolo Laudani; Editing by Mark Porter)
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