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Argentine soybean harvest worst in 10 years

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    #1

    Argentine soybean harvest worst in 10 years

    Argentine soybean harvest worst in 10 years. “At this point in the season, we usually have 40% of the soy crop harvested. As of today, only 10% has been brought in. The delay in harvesting is the worst in 10 years,” said German Heinzenknecht, meteorologist with consultancy Applied Climatology.
    Maybe just maybe we have some issues in the world. Time will tell. Plant 16 is just days away or is started.
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    #2
    The Argentine government and one of its main grains exchanges slashed their soy harvest forecasts on Thursday, citing fierce storms that have swamped many parts of the Pampas farm belt this month.
    The Buenos Aires Grains Exchange dropped its 2015-16 soybean crop estimate to 56 million tonnes from its previous 60-million-tonne forecast. Minutes later the agriculture ministry marked its estimate down to 57.6 million tonnes from 60.9 million.
    Areas hardest hit include northern Buenos Aires, southern Cordoba, central Santa Fe and most of Entre Rios province. Dryer regions are reporting strong yields, but not enough to compensate for the flood damage.

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