The Argentine wheat harvest began in the north of the country with low yields due to the severe drought that affects the region. In addition, the lack of rain in the producing areas of Córdoba and Santa Fe keeps crops in poor condition, reported the Buenos Aires Cereal Exchange (BCBA).
Harvesting activities began in the north and to date they have reached 1.3% of the total estimated at 6.5 million hectares planted nationwide with yields below 10 quintals per hectare (qq / ha).
Until now, the yields obtained in the NOA and NEA have ranged between 3 qq / ha and 12 qq / ha.
The entity warned that “the decision to harvest those lots below 5 qq / ha varies between producers, depending on the costs to be faced”, so there is the possibility that they will put aside those lots due to the unfeasibility of the business.
Likewise, the BCBA warned that in the center of the agricultural area, especially in areas of Córdoba and Santa Fe, “the situation is heading towards the same results”.
A particular situation is going through the plantations in the province of Buenos Aires, where the rains maintained “high expectations” regarding wheat production, although the frosts of the last few days could have affected the state of the crops”.
Under this scenario, the Buenos Aires Stock Exchange maintained its production estimate at 17.5 million tons.
This projection is 500,000 tons above the one made by the Rosario Stock Exchange (BCR), which in its monthly report of agricultural estimates cut production to a total of 17 million tons, almost 6% less than what was I projected a month ago.
For its part, corn planting stood at 23.3% of the 6.3 million hectares stipulated for cereal after advancing 2.5 percentage points during the week.
Lastly, sunflower sowing reached 27.2% of the 1.4 million hectares estimated for cultivation.
Although during the week there was an advance of 7.5 percentage points in sowing, a delay of 10.6 percentage points is maintained due to the lack of moisture in the soils.