Argentina is poised for a record wheat harvest this season, bolstered by favorable weather and an increase in plantings. Experts suggest that extending cuts to export taxes could further enhance production and stimulate the economy, benefiting farmers nationwide.
Browsing: crop yield
Coffee prices are under pressure following forecasts of rain in Brazil, a key producer. Increased moisture could boost crop yields, leading to potential oversupply concerns. Traders are closely monitoring weather patterns that may impact global prices.
Brazil is poised for record soybean production this season, driven by favorable weather and expanded farmland. In contrast, Argentina faces declining yields due to adverse climate conditions, highlighting contrasting fortunes in South America’s agricultural landscape.