The Rosario Trade Exchange (BCR) raised, this Wednesday (8), its projection for Argentina's 2026/27 wheat crop by 500,000 tons, to 20.5 million tons. According to the entity, the increase is due to the expansion of the planted area, favorable rains for the initial development of the crops and lower fertilizer costs. Planting of the new wheat crop is approaching 90% of the projected area in Argentina. For comparison, the projections of the Buenos Aires Grain Exchange and the United States Department of Agriculture (USDA) for Argentine wheat production in the 2026/27 season are 21.3 and 21.0 million tons, respectively.
In the report published the day before, BCR maintained its estimate for the 2025/26 soybean crop in the South American country at 51.5 million tons and for corn production in the same cycle at 68 million tons.
This text was translated by machine from Brazilian Portuguese.