ao link

News

Linked In
RSS
https://twitter.com/Agrimoney
http://www.newsnow.co.uk/h/Industry+Sectors/Agriculture

LIVE TABLES - hopes grow for Argentine soybean harvest

TwitterLinkedineCard

Hopes are growing for Argentina’s soybean crop.

 

The US Department of Agriculture’s Buenos Aires bureau, in a briefing published overnight, pegged the 2019-20 harvest at 54.1m tonnes, up 1.1m tonnes from its December forecast.

 

That is the latest in a series of upgrades, from the likes of Dr Michael Cordonnier and the Buenos Aires grains exchange, as highlighted in Agrimoney’s Live table for Argentine soybeans 2019-20.

 

The USDA bureau flagged that “climatic conditions were positive across Argentina with rains in January and early February, providing adequate soil moisture across practically the entire growing region”.

 

North-south divide

It flagged the potential for a “slightly-above-average yield” overall, although seeing better prospects for first crop soybeans in more northerly growing areas, where harvest is approaching, rather than second crop soybeans further south, which have encountered some dryness.

 

A dearth of rainfall looks the trend for now – also to greater benefit of northern crops.

 

Weather service Radiant Solutions forecast that for now “dry weather should favour drydown in central and northern areas, but some limited stress will be likely on late growth in southern areas”.

 

Other Live tables updated include:

 

Brazilian corn 2019-20

 

Brazilian soybeans 2019-20

 

and

 

US soybeans 2020-21

 

 

TwitterLinkedineCard
Related Stories

Producer, merchant positions in ags for week to April 13

Markets Extra lists the latest official data on commercial positions in ag commodity derivatives

Hedge fund positions in numbers for week to April 13

Markets Extra lists the latest official data on hedge fund positions in ag commodity derivatives, and how they have changed week on week

Evening markets: Grains suffer touch of late-week profit taking

The likes of corn and wheat trade lower in closing deals of a positive week. But the vegetable oil complex, and canola, stay strong

Soybeans vs corn deadlock breaks in battle for acres

There has been some movement at last in the new soybeans-versus-corn price ratio, seen as an influence on sowing area. Cotton stakes its claim too
Home | About | RSS | Commodities | Companies | Markets | Legal disclaimer | Privacy policy | Contact

Our Brands: Comtell | Feedinfo | FGInsight

© Agrimoney.com 2021

Agrimoney.com and Agrimoney are trademarks of Agrimoney Ltd
Agrimoney is part of AgriBriefing Ltd
Agrimoney Ltd is registered in England & Wales. Registered number: 09239069