Argentina raises soybean area forecast
Argentina’s Ministry of Agriculture has raised its forecast for the soybean sowing area for the 2024 crop by 0.1 million hectares to 16.7 million hectares.
The increase in the forecast was influenced by recent rainfall in the areas where soybean sowing is underway. Harvesting of the new soybean crop will begin in April.
The ministry left unchanged its estimate of corn sowing area – 10.4 million hectares, which is 1% less than last year. Already sown 69% of the planned area. Corn harvesting will begin in February.
Read also
Ukraine is shifting its crop structure in favor of oilseeds
US allocates $14 mln to expand soybean exports under new trade program
EU wheat production in MY 2026/27 may decline after record harvest
Mercosur to discuss possible return of Venezuela to membership in economic union
MFA buys four grain elevators in the US from ADM
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon