Argentine soy, corn planting seen boosted by rains
Double Wheat Whammy
Argentine wheat has already been planted and farmers are evaluating damage done by recent floods, particularly in Buenos Aires, which accounts for more than half of Argentine output.
Low production was already expected as growers shifted toward soy and other more profitable crops to avoid export curbs on wheat and corn.
Corn area is seen holding steady at about 5 million hectares this season thanks to corn's higher profitability, while the Agriculture Ministry estimates wheat area fell 20 percent this
season to 3.7 million hectares.
"On top of that, it rained too much during all of August and part of September," said farm consultant Sergio Conterjnic, a former head of the ArgenTrigo wheat growers chamber.
"The flooding affected the heart of the wheat belt. We know there will be losses but we still do not know how severe they will be," Conterjnic said.
- International Year of Soils set for 2015
- Extra care needed for wintertime fuel handling
- CLA issues statement on EPA’s neonicotinoid report
- Cattle futures bucked the bearish ag market trend Thursday
- Valent launches new low VOC plant growth regulator
- Thursday's export data had mixed crop market implications
- ValueAct buys stake in fertilizer dealer Agrium
- DuPont Crop Protection to sell certain assets to Bayer
- Critics of Dow herbicide sue U.S. EPA over approval
- Six tips to help professionals take leaps of faith
- Nitrogen fertilization rates for corn production
- Landmark Services Co-op, Curry Seeds sign agreement