Argentina: Cereals exchange reduces corn production to 49.5 million tons

Maize (Corn)
Published Apr 13, 2024

Tridge summary

The Buenos Aires Grain Exchange has recently revised its agricultural forecasts, reducing the corn production estimate in Argentina from 52 million to 49.5 million tons due to increased corn leafhopper infestations and environmental stress affecting crops, particularly in north-central Santa Fe and north Córdoba. This adjustment follows a previous reduction announced last week. Additionally, the soybean harvest projection has been lowered from 52.5 million to 51 million tons, attributed to declining yield expectations across various regions. These updates highlight the significant impact of pest pressure and adverse weather conditions on Argentina's crop yields.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

São Paulo, 04/12/2024 - The Buenos Aires Grain Exchange reduced its estimate for corn production in Argentina from 52 million to 49.5 million tons. Last week, the stock exchange had already revised its projection downwards. The adjustments have been motivated by an increase in the incidence of corn leafhoppers in several growing regions. In north-central Santa Fe and north Córdoba alone, 150,000 hectares of late maize that were attacked by the pest will now be used for forage, the exchange said. In the Northeast and Northwest of the country, yields have also been decreasing due to the corn leafhopper and water and thermal stress. According to the exchange, the expected average yield for these areas has fallen by around 30% in the last three weeks. The corn harvest was 15.3% complete in the country, an increase of 4.2 percentage points in the week. The national average yield was 8,840 kilos per hectare. The share of the corn crop in normal to excellent condition fell to 64% from ...
Source: Broadcast
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