In Argentina, La Nacion reported that the country’s soybean and corn harvest has already shrunk by an equivalent volume, between both grains, to 11 million tons, due to the drought of the last 30 days, in addition to high temperatures. The Rosario Grain Exchange (BCR), estimated the soybean harvest at 47.5 million tons. This is […]
In Missouri, World Grain reported that the corn planting area in Argentina was revised upward to 6.6 million hectares from 6.3 million hectares in the latest Buenos Aires Grains Exchange estimate. The report noted that soybean planting area is now pegged at 18.4 million hectares, a reduction of 200,000 hectares from the previous estimate as […]
In Argentina, the Buenos Aires Grain Exchange reported that soybean planting has been completed nationwide, following a week-on-week progress of 0.8 percentage points. Despite recent rainfall, the adequate to optimal soil moisture level has improved by only 3 percentage points, according to the exchange. As a result, 72% of the planted area remains in normal […]
In Argentina, Bichos de Campo reported that the Buenos Aires Grain Exchange has begun to cut their forecast for the 2024/25 Argentine soybean harvest due to the damage caused by the drought. The new estimate indicates that 49.6 million tons of soybean will be harvested so far this year, a figure one million less than […]
In Argentina, Infobae reported that Argentine Economy Minister Luis Caputo announced that the government will lower the taxes on the main agricultural exports until June. The government confirmed that export duties on soybean exports will be temporarily lowered from next January 27 until the end of June, from 33% to 26% Export duties for soybean […]
In Argentina, Bichos de Campo reported that a report by the Buenos Aires Grain Exchange stated that 21% of the overall area planted with the crop is in poor to fair condition due to water restrictions. “This situation is especially critical in the south of the core zone, where the greatest decrease in water conditions […]
In Argentina, La Nacion reported that the Rosario Grain Exchage (BCR) said that Argentina’s 2024/25 corn crop is expected to reach 48 million tons, down from a previous estimate of 50-51 million tons, due to the impact of a drought. In its monthly grains report, the BCR said its estimate for 2024/25 soybean production would […]
In Missouri, World Grain reported that the latest report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture forecasts a strong soybean production and crush in Argentina in the 2024-25 marketing year. With nearly 90% of the soybean crop planted, crop development is progressing well with 93% of the crop in the […]
In Argentina, Reuters reported that the Buenos Aires Grains Exchange increased its corn planting area estimate, while trimming the pegged soybean area for the 2024/25 season. The corn crop is now seen covering 6.6 million hectares, up from a prior estimation of 6.3 million hectares, the exchange said, adding the new forecast was a “correction” […]
In Argentina, Econo Journal reported that local state-controlled oil firm YPF and Essential Energy signed a Memorandum of Understanding (MOU) to evaluate the feasibility of developing a biorefinery in the province of Santa Fe. The aim of the project is to reuse the facilities of YPF’s non-operational refinery in the town of San Lorenzo, promoting […]
