# Internal woes blunt Argentina’s wheat export clout amid tight global supplies - Fastmarkets

> Fastmarkets reports that fertilizer prices, adverse weather and political uncertainty are limiting Argentina's wheat export potential. The Buenos Aires Grains Exchange estimates the 2022-23 wheat crop at 20.5 million tonnes, down from 22.4 million in 2021-22, with 30% of the area planted as of June 8.

- Date: 2022-06-16 · published 2022-06-16T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/14031-internal-woes-blunt-argentina-s-wheat-export-clout-amid-tight-global-supplies
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A smaller Argentine wheat crop and slower planting reduce exportable supply in a tight global market, supporting world wheat prices.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-09 | [US Winter Wheat Production Won’t Ease Tight Global Supplies](https://feedsoft.ai/events/42322-us-winter-wheat-production-won-t-ease-tight-global-supplies.md) | -3.1% | +3.6% |
| WHEAT | 2023-09-14 | [Tight global wheat story is stuck on repeat, supporting market bears  \| Reuters](https://feedsoft.ai/events/34029-tight-global-wheat-story-is-stuck-on-repeat-supporting-market-bears-reuters.md) | +0.5% | -2.1% |
| WHEAT | 2023-02-15 | [Argentina's 2022-23 production and export revenue to fall - Fastmarkets](https://feedsoft.ai/events/13984-argentina-s-2022-23-production-and-export-revenue-to-fall-fastmarkets.md) | -1.4% | -7.1% |
| WHEAT | 2019-09-30 | [Dryness in Argentina hits corn and wheat outlook; election haze supports safe-bet soy – HubTrades.com – Global Trading Hub](https://feedsoft.ai/events/56916-dryness-in-argentina-hits-corn-and-wheat-outlook-election-haze-supports-safe.md) | +0.6% | -1.3% |
| WHEAT | 2021-05-06 | [Corn jumps 1.2% to 2013 high on tightening global supplies; wheat firms](https://feedsoft.ai/events/11302-corn-jumps-1-2-to-2013-high-on-tightening-global-supplies-wheat-firms.md) | +4.6% | -1.5% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/internal-woes-blunt-argentina-wheat-export-clout/

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