BAGE: Argentina soybean harvest 4.4% complete as of March 30

Foreign media, April 4 news: The weekly report released by the Buenos Aires Grain Exchange (BAGE) said that in the week ended March 30, 2022, Argentina’s 2021/22 soybean harvest was 4.4%, with an average yield 3.21 tons per hectare.

The exchange currently continues to forecast soybean production in 2021/2022 at 42 million tonnes, down from 43.1 million tonnes in the previous year.

Argentina’s soybean plantings this season are 16.3 million hectares, down from 16.9 million hectares in 2020/21, as Argentina is more profitable from growing corn.

Argentine soybean planting began at the end of October, and harvesting began in March and ended in May.