THE Buenos Aires Grain Exchange (BCBA) On Thursday (14), the Argentine wheat crop agency released its first projections for the 2026/27 crop, indicating a reduction in both the planted area and the cereal's production. According to the survey, Argentina is expected to cultivate 6.5 million hectares with wheat in the next cycle, while production is estimated at 21.3 million tons. The figures represent a 3% decrease in planted area and a 23.4% drop in production compared to the previous season. This outlook follows the projections released this week by the agency. United States Department of Agriculture (USDA) in the monthly supply and demand report (WASDEThe U.S. agency estimated Argentina's wheat production at 21.0 million tons for 2026/27, down from the 27.92 million tons projected for the 2025/26 crop.
This text was translated by machine from Brazilian Portuguese.