GRAINS/ARGENTINA: Condition of the soybean and corn crop worsens during the week

Published Mar 3, 2023

Tridge summary

The Buenos Aires Cereal Exchange has reported a deterioration in the condition of Argentina's soybean and corn crops. The soybean crop, which was previously 3% in good or excellent condition, now has only 2%. The normal condition of the crop has decreased from 37% to 31%, while the fair or poor condition has increased from 60% to 67%. High temperatures have caused pod abortion and early completion of filling. The early corn harvest is progressing, but yields are lower than expected, with the crop in good or excellent condition decreasing from 9% to 6%, and the normal condition increasing from 40% to 38%. The fair or poor condition has increased from 51% to 56%.

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Original content

São Paulo, 03/03/2023 - The condition of soybean crops in Argentina has worsened in the last week, informed the Buenos Aires Cereal Exchange, in a weekly report. According to the document, 2% of the crop was in good or excellent condition, compared to 3% in the previous week. The portion in normal condition increased from 37% to 31%, while the percentage in fair or poor condition increased from 60% to 67%. “Sectors in the center of the agricultural area report loss of area, abortion of pods and early completion of filling as a result of the high temperatures recorded during this week,” said the exchange. As for corn, the share of the crop in good or excellent condition decreased from 9% to 6%. The exchange said that the portion in normal condition ...

Source: Abramilho