Argentine Corn Acreage May Fall After 6th Straight Year Of Growth

Argentina Agricultural Information Network reported on August 17, according to the forecast of the Buenos Aires Grain Exchange, affected by factors such as large yield fluctuations in different regions, scarce precipitation due to climatic factors, and low planting input/output ratio, 2022/23 This year, Argentina's corn acreage may fall for the first time after six consecutive years of growth, reaching 7.5 million hectares, down 2.6 percent year-on-year. Despite this, the acreage of corn planted in Afghanistan will still be 7 percentage points higher than the average of the past five years, the second highest value in history.