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The Rosario Board of Trade raised its Argentine wheat production forecast to 23.8 million tonnes, 2.8 million more than before. The national average yield reaches 21.3 quintals per hectare, above last cycle's 20.3 on 6.498 million eligible hectares.
Barley planting covers 1.27 million hectares, with 91% of plots in normal to good condition.
A larger Argentine wheat crop adds exportable supply and gives buyers an alternative to Black Sea origin amid logistics and geopolitical risk, which is mildly bearish for wheat and barley prices.
rosario3.comRedacción Ecos365Nov 2, 2026After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
