Argentina's wheat production for the 2023/2024 campaign saw a 23.8% increase from the previous cycle, concluding with a harvest of 15.1 Mtn. Despite this increase, the harvest was 15.6% lower than the average of the last five cycles, with the cultivation area being the smallest due to lack of humidity for sowing. The average yield was 28.4 qq/Ha, higher than the previous cycle but lower than the five-cycle average. However, a projected 29% drop in wheat prices could reduce its economic contribution by 9% by 2024, despite an expected 84% recovery in wheat exports, generating $2.4 billion in revenue.