Argentina is expected to produce a record crop of wheat and corn during the 2018-19 season as farmers planted more hectares of both than in previous years, the Rosario grains exchange said on Wednesday. The exchange's monthly report said the wheat harvest could reach 21 million tonnes. Farmers had planted 6.32 million hectares with wheat this year, more than initial predictions and up from 5.7 million hectares the prior season.
Corn production was expected to touch between 45 and 46 million tonnes as the harvest area grew to 6.8 million hectares, up 6 percent over the previous year.