Wheat, corn, and soybeans, with a decision-making board that is becoming complex

Difficult weeks are being experienced by the country and agricultural producers cannot avoid the context. Fortunately, the productive picture is more than satisfactory. With the exception of the center of the province of Buenos Aires, winter crops have had an excellent evolution in general terms and the coarse harvest presents a very promising scenario for the 2025/26 cycle. The challenge, then, is related to two issues. On the one hand, the price scenario. On the other hand, the political/economic scenario. In terms of prices, the wheat market is the one facing the most complex forecast. A voluminous carry over and a production that will be positioned above 22 million tons according to estimates. If this is the case and even accounting for a higher-than-usual Brazilian demand, the exportable surplus outside Mercosur would be in the range of 12/14 million tons. In an international market where competition is fierce (Russia, EU, USA, Australia, Canada, and Ukraine), placing ...