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Argentina's sales of the upcoming wheat crop are the slowest in seven years, delayed by farmers waiting for heavier rainfall and gambling on the result of the country's Oct. 22 presidential election, with some candidates pledging tax cuts on grains exports. Argentina, a major exporter of wheat, along with soy and corn, has recorded just 1.51 million metric tons of pre-sales of the upcoming 2023/24 harvest by Sept. 13, latest government data showed this week, the slowest since 2016/17 and a sharp drop from recent years. "The low sales is due in part to the political uncertainty regarding the new government," said Miguel Cane, president of the ArgenTrigo grains chamber.

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