Argentina’s wheat, barley production estimated unchanged, but corn at record 54.4 mt: USDA

Mumbai, October 26 (Commoditiescontrol) The production and exports of wheat and barley of Argentina have been estimated unchanged for the current market season by the USDA attaché. But corn production is estimated higher. Corn production for MY 2021-2022 is forecast at a record 54.5 million tons, 1.5 million tons higher than USDA, taking potential exports at 40 million tons, 2 million tons higher than USDA.

Argentina’s wheat production in marketing year (MY) 2021-2022 is forecast at a record 20 million tons, said a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service post in Buenos Aires. As per the report, exports are projected at 13.5 million tons (including flour in its wheat equivalent).

Barley production and exports in MY 2021-2022 also remain unchanged from USDA, at 4.8 million tons and 3.5 million tons respectively. Sorghum production in MY 2021-2022 is forecast at 3.5 million tons, 250,000 tons lower than USDA. Rice-planted area, production and exports in MY 2021-2022 are all up compared with USDA projections.