25 June The former 99% is 1% higher.

The average soybean yield is 2.79 tons per hectare, which is 4.1% higher than the 2.68 tons per hectare in 2020/21, but 3% lower than the average yield of 2.87 tons per hectare in the past five years.

The exchange estimates Argentina’s soybean production in 2021/2022 at 43.3 million tons, up from 43.1 million tons in the previous year.

On June 10, the U.S. Department of Agriculture estimated Argentina’s soybean production at 43.4 million tons, up from 42 million tons forecast last month, but down from 46.2 million tons in the previous year.