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Argentine wheat production for 2015/16 is forecast down at 10.2 million tons (mmt), 1.3 mmt lower than USDA.
Forecast for marketing year (MY)2015/16 corn, wheat, sorghum, and rice production all hold steady at 23.5 MMT, 3.7 MMT, 7.8 MMT, and 240,000 MT (rough rice production), respectfully.
2014/2015 wheat production is estimated at 6.5 million metric tons (mmt), up 18 percent from the previous year due to an 18 percent increase in area based on higher prices at planting.