Buenos Aires, December 26, 2019. After some doubts about the possible failure of the coming 2019/20 campaign, the latest rains returned the optimism to the farmers. According to the weekly report of the Buenos Aires Grain Exchange (BCBA), corn and soybean plantings showed significant advances until to cover 75 and 79% of the estimated area.

In the case of the soybean, only the plantings over the wheat harvested in the southeast and southwest of the Buenos Aires province are delaying due to the lack of humidity in the soils. But in the most productive zones of the Pampas, i.e., Santa Fe, north of Buenos Aires and Córdoba, in the past seven days farmers planted 1.5 million hectares of soybean.

The BCBA estimates that corn area will reach 6.3 million hectares. Thanks to the latest rains, the planted area jumped to 75%, close to the historical average to this date. These rains helped the early corn plantings to assure the yields, good news for the farmers too.

Finally, the wheat harvest reaches 90% of the total area, with an average yield of around 2,800 kilograms per hectare, 130 kilograms below the last year yield. This report does not mention the estimated wheat output. The official estimation from the Ministry of Agriculture, Livestock, and Fisheries place the harvest at 19 million metric tons.