Argentina's wheat harvest 1,3 million tonnes greater than expected by the USDA

In Argentina, a wheat harvest is now expected of 15.7 million tonnes. This is clearly more than had previously been expected, because it was previously from 14.9 million tonnes. In the previous year, 11.3 million tons of wheat were harvested there.
The income should be much higher than in the previous years. The USDA had estimated the Argentine wheat crop last at 14.4 million tons, of which 8.0 million tons could be exported. 9.4 million tons were carried out last year because you could rely on overstocks of from previous years, as the exports of the previous Government were limited.
Export expectations this season, the Macri Government made no information. The harvest is now complete to 58%.
This year's soybean harvest in Argentina is still unknown. The area under cultivation was appreciated but now with 20.3 million hectares. Previously, it was still of 20.2 million hectares and there were 20.6 million hectares in the previous year.

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