Dec 07, 2021

2021/22 Argentina Soybeans 46% Planted, Future Dryness Worries

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

The weather in Argentina thus far this growing season has been good enough for planting and early crop development, but the forecast for hotter and dryer weather during December is worrisome. The soybeans are only about half planted, so it is too early to be talking about any potential yield losses, but the situation needs to be watched closely. The condition of the soybeans improved last week due to the surprisingly good rains Argentina received during the last few days of November.

Soybeans in Argentina were 46.3% planted as of late last week compared to 48.2% last year and 52.5% average according to the Buenos Aires Grain Exchange. This represented an advance of 7% for the week. In the core production areas, the soybeans are 70-75% planted with 20-60% planted in southern Argentina and less than 10% planted in northern Argentina.

The soybeans are rated 12% fair and 88% good/excellent. The good/excellent percentage is up 21 points compared to the prior week. The soil moisture for the soybeans is rated 2% short and 98% favorable/optimal. The favorable/optimal percentage is up 20 points compared to the prior week.

Most of the farmers are still planting their main soybean crop, but a few farmers in the core production areas are starting to plant their double crop soybeans after the wheat is harvested.