# Argentina loses export opportunity - Grain Central

> Severe drought in Argentina has cut winter crop plantings, with the Buenos Aires Grain Exchange trimming its 2022-23 wheat area forecast to 6.1 million hectares, the fifth cut since May. Late planting, early frosts and dry soils in central growing regions are weighing on production.

- Date: 2022-08-02 · published 2022-08-02T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/14014-argentina-loses-export-opportunity-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Smaller Argentine wheat and barley crops reduce exportable supply and support global wheat and feed barley prices, with the ongoing drought adding upside risk.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-01-21 | [Wheat export pace solid, barley lags - Grain Central](https://feedsoft.ai/events/55028-wheat-export-pace-solid-barley-lags-grain-central.md) | -4.1% | -0.6% |
| WHEAT | 2022-09-20 | [Winter drought rolls into third La Niña for Argentina - Grain Central](https://feedsoft.ai/events/14008-winter-drought-rolls-into-third-la-nina-for-argentina-grain-central.md) | +0.4% | -9.0% |
| WHEAT | 2019-08-01 | [Feedgrain Focus: Export demand, continuing dry bolster prices - Grain Central](https://feedsoft.ai/events/57696-feedgrain-focus-export-demand-continuing-dry-bolster-prices-grain-central.md) | -0.7% | -0.2% |
| WHEAT | 2017-06-20 | [Europe raises the red flag … - Grain Central](https://feedsoft.ai/events/70434-europe-raises-the-red-flag-grain-central.md) | -0.9% | -0.9% |
| WHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | +0.5% | -0.4% |
| KWHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | -2.1% | -12.0% |
| KWHEAT | 2026-09-02 | [Dryness meets opportunity in US wheat country \| World Grain](https://feedsoft.ai/events/17527-dryness-meets-opportunity-in-us-wheat-country-world-grain.md) | -4.1% | -11.2% |
| KWHEAT | 2020-05-07 | [Wheat Outlook: Opportunity amidst chaos - Dakota Midland Grain](https://feedsoft.ai/events/53056-wheat-outlook-opportunity-amidst-chaos-dakota-midland-grain.md) | -3.9% | -0.9% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/argentina-loses-export-opportunity/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.