Rains improve moisture reserves for Argentina wheat

Source:  TradingView
дощ погода

Recent rainfall in Argentina has significantly improved soil moisture reserves for the 2025/26 wheat crop, with nearly all planted areas now in normal to optimal condition, the Buenos Aires Grains Exchange reported on Thursday.

Argentina is a major global wheat exporter. According to the exchange, farmers have already planted 98.3% of the estimated 6.7 million hectares (16.6 million acres) designated for the crop.

“Thanks to extended rainfall, 78.7% of the grain is developing under adequate to optimal moisture conditions, and 96.9% is in normal to excellent crop condition,” the exchange stated in its weekly crop report.

Last season, Argentina planted 6.3 million hectares of wheat, yielding 18.6 million metric tons of grain, per the exchange. Separately, the exchange noted that the 2024/25 corn harvest is 88% complete, maintaining its production estimate at 49 million tons. Argentina ranks as the world’s third-largest corn exporter.

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