Argy Wheat Planting Finished

Argentine farmers have finished their wheat plantings and can expect a crop of "at least 11.3 MMT" according to the Buenos Aires Grains Exchange. That's an increase of more than 50% on last season's crop.

Planted area is seen at 3.2 million hectares by the Exchange, more than 30% up on last season when sowings slumped to just 3.2 million hectares on drought and farmer dissatisfaction with on-off government export meddling.

Corn plantings are 26% done and are expected to cover 3 million hectares this season, 11% up on last year.