2023/24 Argentina Soybeans 1.9% Harvested, Encouraging Yields

Rainfall last week and over the weekend favored northern and central Cordoba, Santa Fe, and Chaco. Dry weather is expected across most of Argentina through Thursday with showers increasing later this week. Heavy rains are expected next week in southern and eastern Argentina.

Moisture stress in northwestern Argentina has impacted the soybean yield potential especially in Santiago del Estero and Chaco.

The soybeans in Argentina were 1.9% harvested as of late last week which represented an advance of 1.8% for the week. The later planted soybeans are now 72% filling pods. Below is the soybean harvest progress in Argentina as of April 4, 2024 from the Buenos Aires Grain Exchange.

Early soybean yields continue to be encouraging. The average yield thus far is 3,700 kg/ha (55.1 bu/ac). The best yields are being recorded in the core production areas. In the northern core region, the soybeans are 9% harvested with an average yield of 3,800 kg/ha (56.6 bu/ac). In the southern core region, the soybeans are 4% harvested with an average yield of 4,100 kg/ha (61 bu/ac).

The soybeans in Argentina were rated 21% poor/very poor, 49% fair, and 30% good/excellent as of late last week. The good/excellent percentage was up 1% from the prior week. The soil moisture for the soybeans was rated 28% short/very short, 71% favorable/optimum, and 1% saturated. The favorable/optimum percentage was down 3% from the prior week. Below is the Argentina soybean rating for April 4, 2024 from the Buenos Aires Grain Exchange.

2022/23 Argentina Soybean Ratings*

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

Tags: rainfall, soybeans, Production, yields, dry weather, harvested, Argentina