Soybean area rises to 17.9 million hectares and corn area decrease 200 thousand hectares
GEA
Corn 2018/2019 The sowing of corn started very slowly. More than 25 millimeters of rain are expected to generalize the sowing. A total of 6.6 million hectares would be cultivated versus 6.43 million last year. Due to the new export duties on corn, late plantings are being reprogrammed. The preference is turning towards soybeans due to the lower financial risks that the crop ensures. The ONI index did not show changes in this last month, so the forecasts that suppose that the rains are in favor of the crop cycle are still valid. Changes in export taxes have an impact on planting decisions and lack of water limits the progress of sowing. The changes affect the late sowing plots, which are planted on December. The corn will be changed for soybean plans with less technology. The increase in annual area is now 2.6%. A production of 43 million tons is expected. 50 million tons of soybeans are projected Soybean planted area for 2018 is estimated at 17.9 million hectares, 1.3% above last year. It is projected a harvest of 50 million tons. Wheat 2018/2019 The 21 million tons that are projected for the wheat campaign are reeling from the lack of rain. The west of the country is the most affected area. The lack of water conditions the survival of the tillers, and fewer tillers per plant is directly less yields due to a lower number of spikes per square meter. Wheats of Buenos Aires, Entre Ríos, the northern center of Santa Fe and part of La Pampa are expected to have a good potential of yield. In the rest, the rains in the next fifteen days will be decisive to prevent losses of yields, especially in the province of Córdoba. The sowing wheat in Argentina is totalized with 6.32 million hectares, that is, 16% more than in the previous cycle.