Argentina may reduce the area under wheat in 2024/25 MY

Published Apr 19, 2024

Tridge summary

The Buenos Aires Grain Exchange reports a projected decrease in wheat sowing by Argentine farmers to about 5.9 million hectares next season, a drop of nearly 7% from the five-year average. This reduction is primarily due to the delayed arrival of El Niño, which caused significant rainfall in March and April, adversely affecting Argentina's agricultural regions. Consequently, farmers might focus wheat planting in the country's western areas. Moreover, the looming threat of drought conditions further complicates the timely planting of wheat, presenting additional challenges for the agricultural sector.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Next season Argentine farmers will sow wheat on about 5.9 million hectares, which is almost 7% below the average for the last 5 years. This forecast was announced by analysts of the Buenos Aires Grain Exchange. Experts record the late activation of the natural phenomenon El Niño, which caused heavy rains during March and April throughout the agricultural regions of the country. “This situation may force agrarians to sow fields of grain mainly in the west of the country,” experts ...
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