Production has remained above the estimates. The forecast on the seasonal corn yield has remained unchanged at 37 mln tons (+23% versus last year).

Wheat yield in Argentina has reached record 18.3 mln tons since the start of the current season. Domestic wheat consumption will reach its highest point for the last two years – 6 mln tons. Export will be 11.3 mln tons and flour export will reach 900,000 tons (+200,000 tons versus last year).