Heat wave in Argentina raises caution about bumper soybean and corn harvests

Heat wave in Argentina raises caution about bumper soybean and corn harvests
Heat wave in Argentina raises caution about bumper soybean and corn harvests
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BUENOS AIRES (Reuters) – A heat wave with dry weather in Argentina has generated warnings about the development conditions of grain crops and the need for rain so that soybean and corn crops remain on track to obtain abundant harvests.

The South American country, one of the world’s biggest exporters of processed soybeans and the third-largest exporter of corn, is recovering from a drought-hit harvest last season, with the El Niño weather pattern bringing better rainfall.

The corn harvest is expected to be record. However, with plantations in important stages of development, a period of hot and dry weather, with temperatures approaching 40 degrees Celsius, caused crop and soil conditions to deteriorate, with more days of hot and dry weather to come. front.

“First class soybeans were doing very well until this week when the heat set in and the lack of rain began to manifest itself in lower quality lots,” the Rosario grain exchange said in a report, adding that this was happening in much of the central region.

“The prospect of a large campaign begins to disappear and the first link that gives way is low quality soils, where there is severe stress and loss of yield.”

The report added that the hot weather caused the acreage planted with soybeans categorized as in “very good to excellent” condition to drop from 90% to 65%, with 10% of lots being “fair to poor.” There are chances of rain from Saturday, but the heat will continue.

The Buenos Aires Grain Exchange said high temperatures and lack of rain had led to a deterioration in water conditions, with water stress in some areas. However, around 90% of areas were still “normal/excellent”.

With some plots entering key growth stages, “rainfall will be necessary” for the performance-defining period, the exchange said for soybeans, adding that in northern areas final corn planting was being delayed by shortages. Of rain.

(Reporting by Adam Jourdan and Walter Bianchi)

The article is in Portuguese

Tags: Heat wave Argentina raises caution bumper soybean corn harvests

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