Argentina harvested a record wheat harvest in 2021/22 MY
Wheat
Argentina
Published Jan 21, 2022
Tridge summary
According to the Buenos Aires Grain Exchange (BAGE), Argentina harvested a record 21.8 million tons of wheat in 2021-22 (December-November), which is 28% more than in 2020-21 MY, according to S&P Global Platts. The increase in wheat production in Argentina is gaining importance against the background of global increased supplies and restrictions on exports from various countries. The exchange forecast a harvest of 21.5 million tons in the report of December 23, 2021. The previous record was 19 million tons in 2018-19 MY.
Original content
According to the Buenos Aires Grain Exchange (BAGE), Argentina harvested a record 21.8 million tons of wheat in 2021-22 (December-November), which is 28% more than in 2020-21 MY, according to S&P Global Platts. The increase in wheat production in Argentina is gaining momentum amid growing global supplies and restrictions on exports from various countries. The exchange forecast a harvest of 21.5 million tons in the report of December 23, 2021. The previous record was 19 million tons in 2018-19 MY. According to BAGE, farmers sowed an area of 6.6 million hectares and received an average yield in the country of 3.4 t / ha. Despite the La Niña event, yields rose to record levels due to adequate spatial distribution of rainfall. Of the total wheat harvest, 87% were in excellent condition, and 13% in satisfactory condition. The US Department of Agriculture, in its latest report on January 9, raised its forecast for wheat production in Argentina to 20.5 million tons from 20 million tons ...
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