In Argentina and Germany, the harvest forecast has been reduced due to drought
Argentina
Germany
Published Oct 26, 2022
Tridge summary
In Argentina, the forecast for the wheat harvest has been reduced again due to drought. In Argentina, wheat crop prospects continue to deteriorate due to severe drought and recent frosts. Thus, the experts of the Grain Exchange of Buenos Aires have made downward adjustments to grain production for the second time in the last few weeks, reports Successful Farming.
Original content
In Argentina, the forecast for the wheat harvest has been reduced again due to drought In Argentina, wheat crop prospects continue to deteriorate due to severe drought and recent frosts. Thus, the experts of the Grain Exchange of Buenos Aires have made downward adjustments to grain production for the second time in the last few weeks, reports Successful Farming. In particular, stock exchange analysts reduced the wheat harvest forecast in 2022/23 MR to 15.2 million tons, which is significantly lower than the previous week's forecast (16.5 million tons). We will remind that before that, experts predicted the harvest at the level of 17.5 million tons. In addition, experts noted that about 53% of wheat crops are in normal or poor condition. It should be noted that analysts of the Rosario Grain Exchange also lowered the forecast for the wheat harvest in Argentina in 2022/23 MR to 15 million tons. It is also reported that, according to the estimates of the experts of the Grain Exchange ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.