Rains boost soybean planting, while wheat projection falls in Argentina

Published 2022년 11월 18일

Tridge summary

Soybean planting in Argentina, the world's largest exporter, is behind schedule at 12% despite recent rains, with a delay of 16.7 percentage points compared to the average. The rains have improved surface water supply for corn planting but uneven distribution poses a risk for large regions. Corn sowing progress is at 23.6%, with a slight increase from the previous week. Sunflower sowing is at 86.6%, with a delay of 2.5 percentage points. Wheat harvest has started but is behind schedule by 7.6 percentage points, with the north of the agricultural area showing the greatest progress. The Cereals Exchange has reduced its production forecast for wheat to four million tons due to late frosts and lack of humidity in certain regions.

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Original content

Soybean planting reached 12% of the 16.7 million hectares projected for the 2022/23 campaign and maintains a year-on-year delay of 16.7 percentage points, reported the Grain Market in its Weekly Agricultural Panorama. The rains of the last seven days have improved the surface water supply, but the distribution and accumulations were heterogeneous and large regions over the center of the agricultural area depend on new rainfall in the short term, warned the entity. As in soybeans, the rains improved the humidity for corn sowing for commercial grain, focused on the incorporation of the last early plantings in the provinces of Buenos Aires and La Pampa. After a week-on-week progress of barely 0.2 percentage points, progress in the work is now at 23.6% of the entity's planting projection for the 2022/23 season of 7.3 million hectares. This surface represents in absolute numbers, 400 thousand hectares less than those implanted in the previous campaign, clarified the work. In the case ...

Source: Chacra Magazine