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Rains Quench Argentina's Struggling Wheat Crop
USAgNet - 08/09/2022

Argentina's 2022/2023 wheat crop got a much needed boost last week when rains eased drought conditions afflicting key agricultural areas, the Buenos Aires Exchange said on Thursday.

Reuters reports that persistently dry conditions in recent months have pushed the exchange to cut its estimate for the country's planted wheat area five times, down to 6.1 million hectares (15 million acres) from the 6.6 million hectares initially expected in May.

Last week's rain over Argentina's central and southern agricultural areas slowed the deterioration of wheat plants that have already begun growing, while promoting the growth of plants "that presented delays due to the lack of humidity and low temperatures," the exchange said in its weekly report.

The exchange, however, warned that the panorama for farmers is still a concerning one. Agricultural areas in northern Argentina continue to suffer from a lack of water and "if this scenario is not reversed, they could be compromised when critical stages (of development) begin," the exchange said.

Argentina is a major global exporter of grains, including wheat and corn.

For the current season, farmers have planted nearly all - 99.6% - of their planned area for wheat.

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