BAGE: As of February 2, Argentine soybean planting ended, production lowered by 2 million tons

Foreign media, February 6 news: The weekly report released by the Buenos Aires Grain Exchange (BAGE) stated that Argentina’s 2021/22 soybean planting progress was 100% in the week ended February 2, 2022. That’s up from 99.7% a week ago.

Argentine soybean plantings this season are at 16.3 million hectares, down from 16.9 million hectares in 2020/21 due to higher yields in Argentina growing corn.

The exchange expects the country to produce 42 million tonnes of soybeans in 2021/2022, down from an earlier forecast of 44 million tonnes and down from 43.1 million tonnes in the previous year.

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