Nov 26, 2024
2024/25 Argentina Corn 40% Planted, up 0.8% for the Week
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Rainfall over the weekend in Argentina favored Buenos Aires, northern Cordoba, and central Santa Fe. The forecast is calling for rain this week across most of Argentina with the heaviest amounts in northern Argentina. Rainfall has been adequate to advance soybean planting, but not enough to fully recharge the soil moisture. Temperatures have been seasonal, so there has not been any prolonged periods of hot and dry weather. Soybean germination and stands are reported to be good, but additional rainfall would be welcomed as they move into the summer months.
Corn in Argentina was 39.4% planted as of late last week, which represents an advance of 0.8% for the week. In the core production area, the corn is 75-80% planted with 30-50% planted in southern Argentina and 0% plated in far northern Argentina. Planting the late corn should start within the next two weeks. In the core production area, some of the earliest planted corn is starting to pollinate.
The Buenos Aires Grain Exchange is estimating that Argentina will plant 6.3 million hectares of corn resulting in a production of 47.0 million tons. Below is the corn harvest progress in Argentina for November 20, 2024 from the Buenos Aires Grain Exchange.
The corn in Argentina was rated 11% poor/very poor, 58% fair, and 31% good/excellent as of late last week. The percentage rated good/excellent is up 5% compared to the prior week. The soil moisture for the corn was rated 16% short/very short and 84% favorable/optimum. The percentage rated favorable/optimum is up 2% from the prior week. Below is the corn rating in Argentina for November 20, 2024 from the Buenos Aires Grain Exchange.
2024/25 Argentina Corn Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Nov 14, 2024 | 14 (9) | 26 (22) | 18 (30) | 82 (83) |
| Nov 20, 2024 | 11 (10) | 31 (24) | 16 (30) | 84 (70) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages