Argentina Likely to Harvest Bumper Wheat Crop


India, June 15 -- The Rosario grainexchange has increased Argentinaandrsquo;s winter wheat area by around 8 percent to 5.6 million hectares from 5.2 million hectares. Wheat crop is likely to hit a new record of 17.5 million tonnes in 2017-18 compared to 16.3 million tonnes in 2016-17. The increase in production of upcoming crop is mainly attributed to better crop technology. The only concern is regarding excessive moisture levels which are making it hard to prepare the land for planting.

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