Argentina Confirms End of Soybean Harvest

The Argentine soybean harvest has been officially closed, with a total production of 50.3 million tons, according to a report released by the Buenos Aires Grain Exchange (BCBA). The volume represents a 15% growth compared to the average of the last five seasons, of 43.8 million tons, and positions the current harvest as the second-best in productivity, with an average yield of 29.7 sacks per hectare. At the same time, wheat planting reaches 78.2% of the projected area of 6.7 million hectares. According to BCBA, work has slowed down in recent weeks due to excessive rainfall in the second half of June, causing a 2.5 percentage point delay compared to the average of the last five years. However, the absence of new precipitation and the presence of winds have contributed to the recovery of previously flooded areas. The planted crops are in emergence to tillering stages, with occasional occurrence of leaf necrosis caused by low temperatures — a condition that, according to technicians, ...