2024/25 Argentina Corn Estimate Lowered 1.0 mt to 47.0 Million

rainfall will be needed to fully replenish soils and support crop growth. Corn in Argentina is 98.3% planted with a little left to plant in far northern Argentina. This represents an advance of 3.2% for the week. The hot and dry conditions over the past six weeks have limited the corn yield potential. Earlier planted corn avoided the driest conditions, whereas corn planted in October and early November suffered the most from the adverse conditions. Corn planted in December and January are in vegetative development with lower water demand. Therefore, the 2024/25 Argentina corn estimate was lowered 1.0 million tons to 47.0 million with a lower bias. The Buenos Aires Grain Exchange lowered their 2024/25 Argentina corn estimate 1.0 million tons last week to 49.0 million. The corn in Argentina was rated 20% poor/very poor, 50% fair, and 30% good/excellent as of late last week. The good/excellent percentage was down 9% from the prior week. Soil moisture for corn is rated 41% ...