Argentine Exchange: wheat crops vary from place to place
(agricultural Wealth net) according to the weekly report released by the Buenos Aires Grain Exchange in Argentina on November 11, 8.6% of the wheat harvest has been completed so far.
At present, the situation of wheat crops in various parts of the country is uneven, the wheat crops in the central agricultural areas are growing well, while the wheat in the southern region is affected by the dry weather.
Wheat yields in the south are likely to fall sharply, but increases in other regions will make up for this loss.
The exchange kept the wheat production data unchanged at 7.75 million tons. This is far below the five-year average of 14.8 million tons.
The domestic demand for wheat is about 6.5 million tons, which means that the export supply of wheat is only 1.25 million tons.
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