BUENOS AIRES (Reuters) — Argentina’s recently planted 2013-14 wheat crop has seen uneven rains, with healthy rainfall in southern parts of the wheat belt but dry conditions beginning to hurt more farms further north, the Buenos Aires Grains Exchange said in its weekly Thursday report.
Argentina is a major global wheat exporter, with most of its shipments going to neighboring Brazil. The exchange expects 3.9 million hectares to be planted with the grain this season, up from 3.6 million in the last crop year.
Harvest of the 2012/13 corn crop wrapped up last week at a record 24.8 million tonnes, the exchange said. In recent days planting of the 2013/14 crop began in northern provinces.
Argentina is the world’s No. 3 corn exporter. The exchange estimates that 3.56 million hectares of commercial corn will be planted in the new season, slightly below the 3.68 million hectares that just wrapped up.