date:Aug 12, 2013
Post projects Argentine wheat production for marketing year (MY) 2013/14 at 12.0 million metric tons (MMT), 1 million tons lower than USDA official estimate.
A large area in the northern part of the country was not seeded due to a two-year-long drought. Potential exports are adjusted downward to 5.7 MMT, 1 million tons lower than USDAs projection.
Wheat production and exports for MY2012/13 are also reduced. Barley area, production, and exports for MY2013/14 are marginally higher than USDA.
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