Wednesday, 28 December 2016
The Ministry of agriculture of Argentina increased the forecast of the sowing area of soybeans in 2016/17 MG
The Ministry of agriculture of Argentina in the updated report dated December 27, slightly increased the estimate of the acreage of soybeans in the country in 2016/17 MG to 20.3 mln ha against 20.2 million hectares, voiced a month earlier, reports Business Recorder
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In addition, the experts also raised the forecast of gross yield of wheat in the Argentine 2016/17 MG – 0.8 million tons to 15.7 million tons due to the improvement of crop yield. As specified, the grain yield significantly higher than the annual average in such key provinces producing wheat as Cordoba, Santa Fe and entre Rios.
Also to increase the gross harvest of wheat will contribute to the increased interest of the Argentine farmers in its production after canceling at the end of 2015 export duties on grain.
Translated by service "Yandex.Translation"
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