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Argentina Expects Record Maize Production

Argentina Expects Record Maize Production

26 November 2014

ARGENTINA - Harvesting of the 2014 maize crop is concluded. Early estimates put this year’s production at 30 million tonnes, marginally above the 2013 harvest and record reflecting high yields as a result of favourable weather during the season.

Production of wheat, currently being harvested, is forecast to reach 11.5 million tonnes, 25 per cent above the reduced level of last year, on account of a strong recovery in the area planted due to high domestic prices.

However, some uncertainty remains because of below-average rainfall in most of September and high precipitations in the last dekad of October in main producing areas, in particular the Buenos Aires department, which may have reduced crop yield potential.

Cereal production in 2014 is expected at a record level of almost 51 million tonnes.

Planting of the 2015 maize crop is almost concluded. Early estimates point to a sharp decline in sowings, 10 per cent below last year’s level, mainly due to low prices in the international market.

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