BUENOS AIRES (Reuters) — Argentina’s nearly planted 2013-14 wheat crop benefited over recent months from wet weather in the country’s farm belt that aided sowing, the Buenos Aires Grains Exchange said in its weekly report Thursday.
Argentina is a major global wheat exporter and 3.9 million hectares are expected by the exchange to be planted with the grain this season, up from 3.6 million in the previous crop year.
In all parts of the South American country’s wheat belt, except for some areas of southeastern Buenos Aires province, the exchange said the crop “is evolving in top conditions,” the report said.
As of Thursday, Argentine farmers had planted 97.9 percent of this season’s planned wheat area, just 0.1 percentage point behind the pace of the 2012-13 season, according to the report, which predicted the remaining area to be planted would be sown in the next 10 days.
