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 News

19/09/2017 0:00 - Crop Progress and Condition Reports
GEA – Agricultural Strategic Guide/BCR
250,000 hectares of wheat lost to rainfall in Buenos Aires

Recent rainfalls resulted in prevented wheat plantings in 150,000 hectares in Buenos Aires and 35,000 hectares in La Pampa. To this, we must add total losses in another 100,000 hectares that had already been planted with the cereal. However, wheat plantings and condition could be boosted in southeast Cordoba given the added moisture.

Given these changes, the national wheat area falls to 5.4 million hectares, and yields should be similar to those of last year.

Corn is heading towards a crucial marketing year. 6.2 million hectares could be planted in this new cycle, almost 6 points above 2017/18. However, after recent rains, the risk of sowing has increased. Waterlogging issues are massive in Buenos Aires, making fieldwork difficult and windows for planting very tight. The behavior of rains in September and the evolution of export prices could alter plating intentions.

Forecasts project that rains will not be as favorable to crops as last year, given abundant water reserves. An optimist productive scenario would result in yields similar to those of last year (7.9 tons per hectare), and total production around 41 million tons.

Planting intentions for 2017/18 soybeans are estimated around 18.8 million hectares, with production expected to stand around 54.5 million tons.

 

 Institutional video


Institutional Video of the Bolsa de Comercio of Rosario (Rosario Board of Trade)

 Rosario Board of Trade

The Rosario Board of Trade is a centennial institution located in Rosario, in the most important agroindustrial zone of Argentina. Throughout its history it has created and boosted transparent, solid and reliable markets: the Grains Physical Market, the Futures Market, the Capital Market, and the Livestock Market.

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Bolsa de Comercio de Rosario Córdoba 1402 - S2000AWV
TE: (54 341) 5258300 / 4102600
TE: (54 341) 5258325 (Complejo de Laboratorios - servicioalcliente@bcr.com.ar)
Rosario - Santa Fe - Argentina

Oficina Buenos Aires Reconquista 458 piso 7° - C1003ABJ - Cdad. de Buenos Aires.
Tel: (54 - 011) 43280390/1484 43939391/9649- Fax: (54 - 011) 43939649
contacto@bcr.com.ar