2022/23 Argentina Corn 25% Planted vs. 40% Average
The corn planting continues to be delayed by adverse weather which shows little sign of near-term improvement. In central Argentina, the temperatures are expected to be in the mid-90s F to at or above 100°F this week as the early planted corn starts to pollinate.
Farmers are also starting to plant their late corn, which this year will account for approximately three-quarters of Argentina’s total corn crop. Planting may continue to be delayed by a lack of soil moisture and there could also be some problems with germination and emergence.
The 2022/23 corn in Argentina was 25.4% planted as of late last week compared to 31% last year and 39.3% average. This represented an advance of 1.6% for the week. In the core production areas, the corn is 65-75% planted with 35-40% planted in southern Argentina and 0% planted in far northern Argentina.
The condition of the corn crop in Argentina improved a little last week with the corn rated 25% poor/very poor, 61% fair, and 14% good/excellent. The good/excellent percentage is up 2% from the prior week. The soil moisture for the corn is rated 30% short/very short and 70% favorable-optimum. The favorable/optimum is up 2% from the prior week.
2022/23 Argentina Corn Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Oct. 27, 2022 | 35 (0) | 10 (73) | 42 (24) | 58 (76) |
| Nov. 3, 2022 | 38 (0) | 6 (82) | 39 (15) | 61 (85) |
| Nov. 10, 2022 | 34 (0) | 9 (84) | 42 (11) | 58 (89) |
| Nov. 17, 2022 | 28 (0) | 11 (91) | 34 (7) | 66 (93) |
| Nov. 24, 2022 | 25 (1) | 12 (81) | 32 (34) | 68 (66) |
| Dec. 1, 2022 | 25 (0) | 14 (91) | 30 (7) | 70 (93) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages
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