Argentina: Losses cannot yet be measured in flooded fields after severe storms

Soybean

Nuts & Seeds

Published Mar 22, 2024

Tridge summary

Argentina is currently facing severe weather conditions, with heavy rainfall in some regions and prolonged drought in others, impacting major crops like soybeans, corn, sorghum, and sunflower, as well as livestock farming. This situation is causing significant concern for the agricultural industry. The soy complex on the Chicago Stock Exchange has seen notable increases due to these weather concerns, with potential flooding possibly causing substantial damage to soybean crops. The full extent of the damage is yet to be determined.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The beginning of autumn was not only intense for Brazil. Argentina also felt the end of summer and the beginning of the new season strongly, recording storms, windstorms, very high temperatures and inclement weather leaving a trail of destruction in Argentina's main producing provinces. The situation, however, is not widespread. Within the same province - Santa Fé, one of the main agricultural producers in the country - there are two very different realities, however, which are of equal concern. According to information from the local newspaper La Nacion, in the south and center of the province, rainfall records were recorded, reaching 400 mm in three days, while areas in the north did not receive a drop of rain for six to eight months, depending on the weather. area. "The feeling expressed by producers in this last area is that they feel again the same way they felt a few years ago, when the La Niña phenomenon dried up fields, rivers, lakes and ponds, forcing them 'to look for ...

Source: NoticiasAgricolas