Argentina: The Rosario Stock Exchange measured up to 30% damage in soybean yields due to extreme heat

Soybean

Argentina

Sustainability & Environmental Impact

Market & Price Trends

Published Feb 7, 2024

Tridge summary

Extreme heat conditions in Argentina's core region have led to significant losses in 2nd grade soybeans and a potential 10 to 30% drop in 1st grade soybeans, according to a report from the Rosario Stock Exchange. The region experienced temperatures above 30°C for nearly 90 hours in the past 10 days, causing an approximate loss of 8 millimeters of water in the soil per day. However, a shift in a high pressure system is expected to bring widespread rains to the Pampas region, potentially mitigating further losses.

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Original content

(NAP) The extreme week of hot conditions caused lot losses in 2nd grade soybeans and a drop in the potential in 1st grade soybeans of 10 to 30% in the core, according to a report from the Rosario Stock Exchange, which indicated that this week “conditions for moisture to return to the center of the country” could begin to be reestablished, more precisely with “generalized rain forecasts for this Thursday and Friday.” The report was illustrated with images of the number of hours above 30°C in the last 10 days: for almost 90 hours the region's thermometers exceeded the mark. On average, it is more than a third of each day. After January 31, the minimum temperatures in the region began to exceed 22°C. The degree of sunshine was close to 13 hours of sunshine per day and at maximum zeniths it exceeded 1100 W/m2. For the 10 million hectares that make up the core region, this heat wave means an approximate loss of water in the soil of 8 millimeters per day. The core region lost a value ...

Source: Noticias Agropecurias