Corn harvest slows in Argentina
The pace of corn harvesting in Argentina has slowed down due to rain, the Zerno On-Line agency reports, citing the Buenos Aires Grain Exchange.
By April 1, corn has been harvested from 20.3% of the area, which is more than a year earlier. 1.4 million hectares have been threshed, the average yield is 8.37 t/ha.
The start of the soybean harvest is delayed. The condition of soybean crops is now better than last year. 36% of crops are in good and excellent condition (32% a year ago), 41% are in satisfactory condition (45%), and 23% are in poor and very poor condition (23%).
The Buenos Aires Grain Exchange maintains its soybean harvest forecast at 48.6 million tons.
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