Because of the shortage of rain in Argentina, the pace of planting soybeans and corn are increasingly behind last year

the precipitation Deficit continues to slow the pace of planting soybeans and corn in Argentina. Predicted last week, the rains were slight, and next week they are almost not expected. The slowdown in the production of soybeans and corn in Argentina supports world prices.

According to experts of the Grain exchange Buenos Aires, thanks to the rains for soybean crops in Argentina for a week moved up to 9% on December 22, has already been completed by 77% of the planned areas compared to 79% for this date last year and 83% on average for 5 years. Most actively it was held in the South-West of Buenos Aires, the South of the pampas, in the center and North of Santa Fe.

Almost 49% of crops of soybeans are in good or excellent condition, 46% fair, 5% in bad. On a specified date only 4.4% of crops were in the flowering stage, while last year this figure was 15.4 per cent.

As at 22 Dec 39% of sunflower crops in Argentina were in good or excellent condition, compared with 41% a week ago and 49% a year ago. Through the arid weather, crop growth is slower than last year: in the maturity phase are only 7% of crops compared to 21 % for this date last year. Moreover, in 2019 this period, the country has already started harvesting sunflower.

Corn planted in Argentina, up 61.2% of the planned 6.3 million ha, which is 5.8% more than last week, however, 13.9% less than the previous year, although a week ago the gap was 7.4%.

Wheat in Argentina are collected by 79.3% of the area, which was 12.8% more than last week, but 8.5% below last year's pace.

the Data for the collection of wheat in Cordoba and in the North of the country is quite disappointing, but in the South the crop is much better and can exceed last year's. So while the experts BAGE left the forecast of the wheat harvest at the level of 16.8 million tons with an average yield of 2.51 t/ha.