Argentina’s Soy Planting Reaches Full Speed, First Plants Show Good Condition

Argentina’s Soy Planting Reaches Full Speed, First Plants Show Good Condition

Argentina’s 2024/25 soybean planting is progressing rapidly with recent rains helping the first plants, the Buenos Aires Grain Exchange said on Thursday.

Soybean planting in the world’s top exporter of soybean oil and meal advanced by 16 percentage points over the past week, to reach 35.8% of the 18.6 million hectares estimated for this season, according to the exchange weekly crop report.

The institution linked the progress to “good surface moisture conditions across a large portion of the agricultural area.”

It also said that farmers have reported good plant stand results, despite isolated cases where seed quality wasn’t up to standard.

On the other hand, 2024/25 corn planting only advanced 0.8 percentage point over the last week, as farmers prioritized soybean planting.

Farmers have sowed 39.4% of the 6.3 million hectares of cornfields expected for the season.

Argentina, the world’s third-largest corn exporter and a key global supplier of wheat, has harvested 29.3% of the 18.6 million of wheat expected, the exchange added.

Source: agriculture.com

Argentina’s Soy Planting Reaches Full Speed, First Plants Show Good Condition