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Argentina: predictions of the cultivated area of soybean decreased to 9-year low
Analysts of Oil World in its updated report reduced the estimate of acreage of soybean in Argentina in 2017 to 18.5 million hectares, compared with 19.1 million hectares, voiced earlier, that is also the minimum figure for the last 9 years
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The harvest of oilseeds, according to experts, could reach 54 million tons compared to 55.5 million tons last season, and the yield – 30.5 kg/ha, which is 2% below last year's level but above average.

It is also noted that in many of the key production centers of grains and oilseeds in Argentina currently there is adverse weather impedes planting. The most difficult situation is in the province of Buenos Aires, in addition, the high moisture content in the soil recorded in separate areas of the provinces of La Pampa, Cordoba, entre Rios and Santa Fe. When this dropped late last week precipitation aggravated the situation.

Delay sowing of spring crops has led to uncertainty regarding the total acreage of the key for Argentina crops – soy, corn and sunflower. However, in respect of soybeans, the situation is not so critical, because this oilseed has a longer optimal period of sowing.

Photo: agrobk.ru



Translated by service "Yandex.Translation"
Источники: Oilworld
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