South America Calling

As Argentina's soybean and corn planting enters the final stages, the crops look in generally good condition, according to the Buenos Aires Cereals Exchange.

Early-planted corn and soybean crops are entering key development stages with soil moisture levels average to good and pest and disease incidents limited in most areas.

In the case of corn, excellent yields are already anticipated from early-planted crops, said the exchange in a weekly report.

Argentina has already planted 93.5% of its 50.9 million acres of soybeans projected for this season. Remaining are some areas in the north, where there are some seed quality problems and the south where dryness is an issue. According to the exchange, these issues may trim planted area a little.

Some 80.9% of the projected 7.4 million acres of corn has been put in the ground.

Alastair Stewart can be reached at alastair.stewart@dtn.com

(CZ)

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