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Argentina Corn Planting Delayed by Drought
USAgNet - 10/03/2022

Argentina's corn planting is well behind the pace of last year due to a prolonged drought, the Buenos Aires grains exchange said on Thursday, noting that 5.8% of the area expected for the cereal had been sown, 11% points behind a year before.

Reuters reports that the South American nation is the world's No. 3 exporter of corn. The same exchange on Wednesday estimated the 2022/23 corn harvest at 50 million tonnes, down from 52 million tonnes in 2021/22, hit by a scarcity of rainfall in recent months.

According to the entity's weather forecast, in the next seven days the country's main agricultural regions will only receive only about 10 millimeters (3/8 of an inch) of rain.

However, Eduardo Sierra, a farming weather specialist at the exchange, said a day earlier that October should bring some 50-100 millimeters of rain, which will be a boost for the planting of corn at the start of the southern Spring.

That rainfall would also help Argentina's 2022/23 wheat, whose plots are currently in yield development stages and also need water. The exchange forecasts 2022/23 wheat production of 17.5 million tonnes, down from 22.4 million tonnes in 2021/22.


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