LSEG Research & Insights on Wednesday maintained its forecast for Argentina’s 2025/26 corn production at 54.4 million metric tons this season, but warned that recent and expected dry weather conditions pose risks to yields.
• Soil moisture is adequate in Buenos Aires, but Cordoba, San Luis, Santa Fe and Entre Rios have seen precipitation deficits, it said in a report.
• Light rainfall last week improved conditions slightly in Cordoba and Santa Fe, but more rain is needed, according to LSEG.
• Weather forecasts predict mostly cool, dry weather in key corn regions for the next 10 days.
• Long-range forecasts suggest recent and expected dry conditions may persist into March with warmer temperatures, potentially reducing yields, the report added.
• Early corn is currently in good condition thanks to previous healthy soil moisture, while the second-crop corn or late-corn planting is ongoing.
Source: Reuters