Dec 21, 2021

2021/22 Argentina Corn 47.7% Planted vs. 60.6% Average

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

Farmers in Argentina have only planted about half of their intended corn, so its still very early to make a definitive judgement concerning the corn production. The earlier planted corn has done OK for the most part, but the condition of the crop has started to show some declines. My corn estimate is on the low side because I am concerned about the worrisome long-range forecast.

Argentina has been receiving just-in-time rains for about the last two months, but last week was one of its dryer weeks. The recent weather in Argentina has been wetter in the southern and western areas and dryer in the eastern and northern areas. The forecast for the next ten days is generally hot and dry with some of the hottest temperatures thus far this growing season.

The 2021/22 corn in Argentina was 47.7% planted as of late last week compared to 55.4% last year and 60.6% average. This represents an advance of 8.2% for the week. In the core production areas, the corn is approximately 90% planted with 50-60% planted in southern Argentina and less than 5% planted in far northern Argentina.

The corn is rated 1% poor/very poor, 16% fair, and 83% good/excellent. The good/excellent percentage is down 2 points from the prior week. The soil moisture for the corn is rated 3% short/very short, 96% favorable/optimum, and 1% surplus. The favorable/optimum percentage is up 1 point compared to the prior week.

Argentina's first phase of corn is 64% planted while the second phase is 33% planted. The corn planted during the first phase is approximately 17% pollinating under generally good conditions.