Argentina’s Corn Harvest Progresses to 6.7% Amid Improved Conditions

The corn harvest in Argentina has reached 6.7%, up from 2% last year, with favorable weather contributing to an estimate of 46.0 million tons. Key regions are advancing in harvest completion, with improved crop conditions and soil moisture levels noted. Upcoming international events will discuss further developments in the grain sector.

The corn harvest in Argentina has progressed to 6.7% as of last week, a marked increase from 2% during the same period last year. This reflects a 1.3% improvement from the previous week. The most significant harvesting activity is noted in the east-central region of Entre Rios, where 46% has been harvested, followed by north-central Santa Fe at 45%. Current average corn yield is recorded at 8,010 kg/ha (127.3 bu/ac), up by 3.5 bushels from the prior week.

Recently, weather conditions in Argentina have shown considerable improvement, alleviating former drought concerns and shifting focus to excessive rainfall in certain areas, notably Buenos Aires. The beneficial rainfall has increased soil moisture levels for late-maturing corn. Consequently, the Argentina corn estimate remains steady this week at 46.0 million tons.

According to the Buenos Aires Grain Exchange, corn conditions have improved for three consecutive weeks. However, the exchange did not disclose specific crop rating percentages during this period. Soil moisture levels for corn have also increased for three weeks in a row, reflecting a positive trend in crop health.

The 23rd International Conference BLACK SEA GRAIN.KYIV is scheduled for April 24 in Kyiv, focusing on further development of the grain sector in the Black Sea and Danube regions. The conference intends to foster strategic discussions and networking among industry leaders.

In related news, Brazil is confronting its lowest corn stocks in 25 years, while the EU has implemented duties on corn and soybeans imported from the US. Furthermore, Austria is contributing an additional €2 million to the Grain from Ukraine initiative, and Tunisia is importing 100,000 tons of soft wheat.

In summary, Argentina’s corn harvest is progressing well, with favorable weather contributing to an expected yield of 46.0 million tons. Harvesting in several key regions shows significant advancement, while overall crop conditions and soil moisture levels have improved. Upcoming industry events, such as the BLACK SEA GRAIN.KYIV conference, will address developments and challenges in the grain sector.

Original Source: ukragroconsult.com