Wheat production will be down, not up this season.
[QUOTE=Andres][snip]Wheat exports from Jan. To June 2008 are higher than those of Jan.-June 2007. In fact, after many producers complied to the governmental requirement to declare stock, 1M tons were exported last week (the fact that media claims that farmers don't export doesn't mean that they actually don't) At least that's what the Argentine Customs agency said last week.
[snip][/QUOTE]By Carlos Caminada and Matthew Craze.
June 13 (Bloomberg) -- Argentina, the world's fifth-biggest wheat exporter, may grow less of the grain than previously expected as dry weather prompts farmers to scale back planting.
Fields sown with wheat for the next crop will fall to 4.8 million hectares (11.8 million acres) less than a June 6 forecast of 5 million hectares, the Buenos Aires Cereals Exchange said today in a report. Planted acreage will drop from 5.5 million hectares for the previous season, the exchange said.
Dry weather in Santa Fe, Cordoba and other major wheat- producing provinces has left the soil with less moisture than needed for seeds to flourish, prompting growers to plant less, the exchange said.
[url]http://www.bloomberg.com/apps/news?pid=20601086&sid=a16f6jSsJAdI&refer=news[/url]