Argentina wheat planting shows fast progress, except in north

Source:  XM
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Wheat planting in Argentina jumped sharply in the last week thanks to dry weather in much of the South American country, the Buenos Aires Grains Exchange (BdeC) reported on Thursday.

Argentina is a key wheat exporter and saw its 2024/25 wheat sowing advancing 20.6 percentage points during the last week, bringing the planted area for the cereal to 46.3% of the 6.2 million hectares planned, the BdeC said in its weekly crop report.

The grains exchange also warned that dry conditions were becoming a concern north of the country.

“In the north of the country, the lack of surface moisture slows down the entry of the machines, which could compromise the fulfillment of the sowing plans,” the BdeC said in its report.

Meanwhile, the 2023/24 soybean harvesting tasks are coming to an end in Argentina, where farmers have harvested 96% of the fields planted with the oilseed, whose production is expected to reach 50.5 million tons, according to the grains exchange.

Harvesting tasks of the 2023/24 season has been completed in 40.3% of the planted area, with an estimated production of 46.5 million tons, the BdeC said.

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