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BUENOS AIRES: Argentina’s 2025/26 wheat harvest is forecast to hit a record 27.8 million metric tons, the Buenos Aires Grains Exchange said on Tuesday, lifting its estimate from 27.1 million tons due to persistent high yields as harvesting nears completion.

If the outlook is confirmed, the 2025/26 cycle would surpass the current record of 22.4 million tons, reached four years ago.

Only 7.2percent of Argentina’s 2025/26 wheat area is still to be harvested, according to the exchange.

Argentina’s 2025/26 wheat season was boosted by favourable weather throughout the cycle.

SOYBEAN AND CORN

Farmers in Argentina have planted 82percent of the estimated 2025/26 soybean area and 84.2percent of the corn area, the exchange said.

Argentina is the world’s third largest exporter of corn and the largest global supplier of soybean oil and meal.

The exchange kept estimates for Argentina’s 2025/26 soybean and corn area unchanged at 17.6 million hectares and 6.7 million hectares, respectively.