Late rains boost Argentine planting scenario
The Argentine authorities are confident that the crop area for the new season will rise above that of its first estimates. The first official forecasts showed a fall of 5.7% for the surveyed oilseed and cereal area to 28.3 million ha ( Agrow No 581, p 17). Cereals, particularly wheat, were to bear the main losses, while the soybean area was expected to rise slightly. The Ministry of Agriculture says that expected rainfall in several regions will probably result in “improved coverage”, with maize and soybeans benefiting most from the change. It cites a survey from its national seed institute, the INTA. The institute notes that those two crops have a “longer planting cycle, allowing greater opportunity for sowing until rainfall normalises”.