2023/24 Argentina Soybeans 77.9% Harvested

The 2023/24 soybeans in Argentina were 77.9% harvested as of late last week, which represented an advance of 14.2% for the week. In the core regions, the soybeans are 85-90% harvested with 45-55% harvested in southern areas and 60% harvested in far northern Argentina.
The average nationwide soybean yield last week was 3,120 kg/ha (46.4 bu/ac), which is down 0.8 bu/ac from the prior week. Soybean yields range from a low of 1,780 kg/ha (26.5 bu/ac) in northern Argentina to a high of 3,870 kg/ha (57.6 bu/ac) in the northern core region. Below is the soybean harvest progress in Argentina for May 22, 2024 from the Buenos Aires Grain Exchange.
Soybeans in Argentina were rated 28% poor/very poor, 47% fair, and 25% 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 25% short/very short and 75% favorable/optimum. The favorable/optimum percentage was down 4% from the prior week. Below is the Argentina soybean rating for May 22, 2024 from the Buenos Aires Grain Exchange.
2022/23 Argentina Soybean Ratings*
Condition | Soil Moisture | |||
---|---|---|---|---|
Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
Apr. 11, 2024 | 22 (65) | 31 (3) | 27 (55) | 72 (45) |
Apr. 17, 2024 | 22 (63) | 30 (4) | 20 (50) | 78 (50) |
May 1, 2024 | 25 (57) | 29 (4) | 12 (47) | 84 (53) |
May 8, 2024 | 26 (51) | 27 (5) | 14 (43) | 84 (57) |
May 15, 2024 | 28 (48) | 24 (14) | 20 (42) | 79 (58) |
May 22, 2024 | 28 (47) | 25 (5) | 25 (32) | 75 (68) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages
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