As per Agriculture ministry of Argentine, Argentine Soy planting is expected to fall to 20.22 million hectares this season from 20.6 million hectares in the previous crop year. As farmers, have moved towards wheat planting after Argentine’s government eliminated wheat and corn export taxes. Argentine’s 2016/17 wheat harvest is expected to boom to 14.9 million tons from 11.3 million tonnes in 2015/16.
Information source: www.skymetweather.com