May 27, 2020
2019/20 Argentina Soybeans 93% Harvested, Corn 43% Harvested
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Argentina Soybeans - Farmers in Argentina have harvested 93.3% of their soybeans compared to 85.0% last year and 80.9% average. This is the fastest harvest pace since 2012/13. According to the Buenos Aires Grain Exchange, the running soybean yield declined again this week to 2,990 kg/ha (44.2 bu/ac), which is down 0.6 bu/ac from last week. The Grain Exchange estimates that the final soybean yield will be in the range of 2,950 kg/ha (43.6 bu/ac) and they left their 2019/20 soybean estimate unchanged at 49.5 million tons.
The early planted soybeans are 97.3% harvested and the later planted soybeans are 84.8% harvested.
| 2019/20 Running Soybean Yield - Buenos Aires Grain Exchange | ||
|---|---|---|
| Date | Soybean Yield - kg/ha | Soybean Yield - bu/ac |
| April 2, 2020 | 3,750 | 55.5 |
| April 9, 2020 | 3,620 | 53.5 |
| April 16, 2020 | 3,420 | 50.6 |
| April 23, 2020 | 3,230 | 47.8 |
| April 30, 2020 | 3,150 | 46.6 |
| May 7, 2020 | 3,090 | 45.7 |
| May 14, 2020 | 3,030 | 44.8 |
| May 21, 2020 | 2,990 | 44.2 |
Argentina Corn - The Argentina corn crop was 43.5% harvested late last week compared to 36.1% last year and 34.3% average according to the Buenos Aires Grain Exchange. This represents an advance of 3.5% for the week. The early planted corn was 68.1% harvested while the later planted corn was 3.4% harvested. Now that the soybean harvest is nearly complete, farmers will focus more of their attention on the corn harvest.
The corn was rated 37% good to excellent, which was 1 point higher than the prior week. The soil moisture for the corn was rated 96% favorable to optimum, which was 1 point higher than the prior week.
According to the Buenos Aires Grain Exchange, the running corn yield last week was 9,100 kg/ha (140.1 bu/ac), which was 1.2 bu/ac lower than the previous week. The Grain Exchange left their 2019/20 Argentina corn estimate unchanged at 50.0 million tons.
| 2019/20 Running Corn Yield - Buenos Aires Grain Exchange | ||
|---|---|---|
| Date | Corn Yield - kg/ha | Corn Yield - bu/ac |
| April 2, 2020 | 9,160 | 141.0 |
| April 9, 2020 | 9.170 | 141.2 |
| April 16, 2020 | 9,250 | 142.5 |
| April 23, 2020 | 9,230 | 142.1 |
| April 30, 2020 | 9,220 | 141.9 |
| May 7, 2020 | 9,210 | 141.8 |
| May 14, 2020 | 9,180 | 141.3 |
| May 21, 2020 | 9,100 | 140.1 |