According to the latest update from the Buenos Aires Exchange, Wheat acreage for the 2024-25 season in Argentina is expected to decrease to 5.9 million hectares due to the return of La Niña conditions anticipated in July. Sowing is scheduled to commence in late May, with the projected area falling below the 5-year average of 6.34 million hectares. The report also attributes the decline in Wheat acreage to increased production costs in the country.