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Rainfall Benefits Argentina Soybean Crop

07 March 2012
USDA Foreign Agricultural Service

ARGENTINA - FAS Buenos Aires’ soybean production estimate for MY (market year) 2011/12 remains stable at 46.5 MMT, down 1.5 MMT from the USDA official number of 48 MMT. Likewise, the area planted remains at 18.8 million hectares, 200,000 hectares more than the official USDA estimate.

The area is lower than the 19 million ha estimate at the beginning of the growing season since not all second crop soy was planted due to dry soil conditions.

However, the total area is not as low as some had expected, since rainfall in some areas allowed the area originally dedicated to corn to be planted in soy at the last minute. Since last month’s report, rainfall has been registered with more frequency throughout the growing region.

However, it is important to note that the rains are scattered, therefore the recuperation level of the soybeans is very uneven. This is exaggerated by the staggered planting that took place beginning in September through February leaving plants all over the country in different stages of growth.

Based on the Ministry of Agriculture’s monthly report and assessment of crop conditions of the whole country for first crop soy 1 percent is in very good condition, 48 percent in good condition, 40 percent in average to poor condition, and about 11 percent in very bad condition.

For second crop soy, it is estimated that 5 percent is in very good condition, 52 percent in good condition, 34 percent in average to poor conditions and 9 percent in poor condition. This is very similar to last month assessment of crop conditions, indicating that the rainfall has prevented the crop from worsening.

Further Reading

- You can view the full report by clicking here.

March 2012

TheCropSite News Desk



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