Foreign media March 26 news: The weekly report released by the Buenos Aires Grain Exchange (BAGE) said that in the week ended March 23, 2022, the central agricultural region of Argentina has begun to harvest soybeans, and yields vary widely. Large, ranging from 1.5 tons to 4 tons per hectare, mainly related to local precipitation.
Soybeans in northern Argentina are most affected by water scarcity. In addition, frost in southern Buenos Aires and La Pamba may affect the second crop.
To date, 84% of Argentine soybeans are rated normal to excellent.
In recent days, Argentina’s northern agricultural belt has begun harvesting the first soybeans, with yields ranging between 2 and 4 tons per hectare, below the average of the past five years, the report said.
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.
Argentine soybean plantings this season are at 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.