2023/24 Argentina Soybeans 86% Planted
Rainfall in Argentina over the weekend favored Santa Fe, Cordoba, and southern and eastern Buenos Aires. Rainfall this week will primarily favor northern Argentina.
The soybeans in Argentina were 85.8% planted as of late last week which represents an advance of 7.2% for the week. In the core regions, the soybeans are 95-98% planted with 70-80% planted in southern Argentina and 45-50% planted in far northern Argentina. The full season soybean planting is complete in many regions and 73% of the double crop soybeans have been planted. Approximately 17% of the soybeans have started blooming.
The soybeans are rated 2% poor/very poor, 56% fair, and 42% good/excellent. The good/excellent percentage is up 2% from the prior week. The soil moisture for the soybeans is rated 9% short/very short, 90% favorable/optimum, and 1% saturated. The favorable/optimum percentage is down 1% from the prior week.
2022/23 Argentina Soybean Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Dec. 7, 2023 | 2 (1) | 35 (78) | 15 (7) | 84 (91) |
| Dec. 14, 2023 | 4 (1) | 30 (85) | 13 (9) | 86 (84) |
| Dec. 21, 2023 | 3 (4) | 37 (73) | 6 (42) | 91 (58) |
| Dec. 28, 2023 | 3 (30) | 40 (10) | 7 (45) | 91 (55) |
| Jan. 3, 2024 | 2 (40) | 42 (7) | 9 (46) | 90 (54) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages
Read also
Palm oil rose on Wednesday amid a rebound in crude oil prices and strong demand
Poland analyzes how Ukraine’s EU accession could affect its agricultural sector
Argentina harvests record corn crop
Brazil raises soybean export forecast to a record 115.4 mln tons
MARS lowers harvest forecasts for all crops in the EU for 2026
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon