Argentina finishing big soybean harvest
The soybean harvest is winding down in Argentina.
Michael Cordonnier with Soybean and Corn Advisor says with more than 90 percent of the crop out, he’s raising his production estimate to nearly 50 million tons.
“Because the late-planted soybeans just did much better than anticipated.”
He tells Brownfield there was significant flooding in northern Buenos Aires in early June.
“But the yields outside of the flooded areas were so good that it compensated for most of the losses due to the flooding in Argentina. So as their crops come to a close here, kind of on a positive note for farmers in Argentina.”
Argentina is a leading exporter of soybeans, soybean meal, and soybean oil. The country also plays a vital role as a regional hub for soybean crushing.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Ukraine approves mechanism for determining origin of soybeans and rapeseed for exp...
Cereal markets remain well supplied, with a positive outlook for the short term &#...
US promises support to farmers after China refuses to buy soybeans
FAO Food Price Index down in September, led by dairy and sugar
Ukraine has started exporting new crop rye
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon