According to the Grain Exchange of Buenos Aires, as of August 18, the sowing campaign of sunflower crop-2022/23 is actively moving forward in Argentina. South American agricultural producers have already allocated 300.2 thousand hectares for oilseeds, which is 15% of the planned 2 million ha. It is noted that this indicator is ahead of last year, when by the reporting date 9% of the area was sown from the plan but is inferior to the average value for 5 years – 19%. This is reported by Reuters.
According to the specialists of the Grain Exchange, by August 18, Argentinean farmers had already completed the harvesting of corn for the 2021/22 crop. During the field work, 7.44 million hectares of fields were processed, from which 52 million tons of grain were harvested with a yield of 6.99 t/ha.
“The harvesting rate is in line with the previous year (on average over the past 5 years – 98%), however, the total corn production is 3 million tons lower than the result of 2020/21 MY,” the report says.
Recall that in 2021/22 MY, Argentina also harvested 43.3 million tons of soybeans from an area of 15.52 million hectares. The average yield for the current harvesting campaign was 2.79 t/ha, one of the lowest results for the country over the past 5 years.
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