South America Calling

Argentine Soy, Corn Gasping For Rain

Argentine soybean and corn crops are starting to really feel the impact of dry weather over the last month and productive potential is under threat, said the Buenos Aires Cereals Exchange in a report late Wednesday.

After an extremely wet second half of 2012, the tap turned off in 2013 and some early-planted soybeans are already suffering badly, while most are in desperate need of moisture or their productive capacity will decline, said the report.

"Rains are needed immediately to interrupt the gradual deterioration before losses begin to take on greater momentum," it said. 

P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]

The exchange said 99.4% of the 48.7 million acres projected for soybeans this year had been planted.

Corn is also in desperate need of rain as the harvest begins in the north.

In Cordoba, a major corn area, the grains are suffering not only from a lack of rain but also high temperatures, which is affecting grain filling.

Forecast rain over the next couple of days for Buenos Aires province, the main corn area, does provide hope that some crops can recover there.

The exchange says 98.7% of the 8.4 million acres of commercial corn expected for 2012-13 had been planted.

(ES)

P[] D[728x170] M[320x75] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]

Comments

To comment, please Log In or Join our Community .