Foreign media, June 28 news: Argentina’s 2021/22 soybean production is expected to be 44 million tons, 1.1% higher than the May forecast, according to the June report released by the Argentine Ministry of Agriculture.
Washington, June 28 News: The U.S. Department of Agriculture’s weekly national crop progress report showed that the U.S. soybean yield was lower than expected.
In the 18 states that account for 96% of the country’s soybean planting area, as of June 26 (Sunday), all soybean plantings in the United States have ended. The emergence rate was 91%, 83% last week, 95% last year, and the five-year average was 91%.
The soybean blooming rate released for the first time this year was 7%, compared with 13% in the same period last year, and the five-year average was 11%.
The soybean good-to-excellent rate was 65%, down 3% from a week ago and 60% in the same period last year. Analysts on average expected a good-to-good rate of 68%.
The ratio of soybean ratings this week is 10% excellent, 55% good, 27% fair, 6% poor, and 2% bad; last week, 10% were excellent, 58% good, 26% average, 5% poor, and 1% bad; last year In the same period, it was excellent by 10%, good by 50%, average by 31%, poor by 7%, and poor by 2%.