2022/23 Argentina Soybeans 78% Harvested vs. 92% Average

Soybean yields thus far this harvest season averaged 1,500 kg/ha (22.3 bu/ac) last week, which was down 0.3 bu/ac compared to the prior week. Soybean yields continue to be disappointing in central Argentina, but they are a little better in far southern and far northern Argentina.

Yields in north-central Cordoba averaged 1,260 kg/ha (18.7 bu/ac). In far northern Argentina, yields are a little better at 1,700 kg/ha (25.3 bu/ac). Some of the best yields are in southeastern Buenos Aires at 3,000 kg/ha (44.7 bu/ac). The yields of the early planted soybeans are higher than that of the late planted soybeans.

The soybeans were 78% harvested as of late last week compared to 91% last year and 92% average. This represents an advance of 9% for the week. In the core production areas, the soybeans are approximately 95% harvested with 50-60% harvested in southern Argentina and 45-55% harvested in northern Argentina. The early planted soybeans are 86% harvested and the later planted soybeans are 59% harvested.

The soybeans are rated 56% poor/very poor, 39% fair, and 5% good/excellent. The good/excellent percentage is up 1% from the prior week. The soil moisture for the soybeans is rated 39% short/very short and 61% favorable/optimum. The favorable/optimum percentage is up 10% from the prior week.

Below is the soybean harvest progress (black line) from the Buenos Aires Grain Exchange.

Below is the soybean condition rating in Argentina from the Buenos Aires Grain Exchange for May 24, 2023.

2022/23 Argentina Soybean Ratings*

*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages

Tags: harvest, soybeans, yields, Argentina