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Argentina wheat crop conditions uneven, agriculture ministry reports

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Argentina's agriculture ministry says wheat crop conditions are uneven
    According to a weekly report released by Argentina's agriculture ministry over the weekend, wheat harvesting has already reached 8.6% completion.

Recently, weather in central Argentina's agricultural regions has been favorable, and local wheat crop conditions are ideal, but dry weather in the southwestern region has affected local wheat growth. In the Bahia Blanca area of Buenos Aires Province, wheat crops have suffered severe damage, and many wheat fields have been used as pasture.

According to the Buenos Aires Grain Exchange in Argentina, this year's wheat production will reach 7.75 million tons, far below the five-year average of 14.8 million tons.

This year, wheat yields in the southern region will decrease significantly, but wheat yields in other regions may increase, offsetting the losses in the southern region.

Domestic wheat demand is approximately 6.5 million tons, which means wheat export supply is only 1.25 million tons.

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