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CBOT soy ends higher as heat, dryness threaten Argentine crops
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
GRAINS-Soybeans jump as inclement South American weather stokes supply woes
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
2/25/2021
BUENOS AIRES, Feb 25 (Reuters) - Forecasts of a dry, hot
week ahead in Argentina could cut the yields of late-planted
corn and soybeans, the Buenos Aires Grains Exchange said on
Thursday, although it kept its harvest forecast for both crops
unchanged at 46 million tonnes.
After a wet February brought relief to farms hit by
unusually hot weather since mid 2020, growers remain on alert
for damage that could yet be done if prolonged dryness returns. Above-average temperatures are expected for the next seven
days, with no prospect of precipitation, the exchange said in
its weekly crop report.
Soy and corn are Argentina s two main cash crops. The
2/22/2021 BUENOS AIRES, Feb 22 (Reuters) - Showers on Argentina’s Pampas grains belt in recent weeks have helped make up for the dryness that parched soy and corn crops from the middle of last year, weather experts said on Monday. Farmers are now hoping for enough rain to boost yields after the country’s two main cash crops were hit by an unusual lack of precipitation before a resurgence of wet weather in January. “Showers during the last fortnight of January and all of February reversed a situation that could have been dramatic if it had not rained,” said Pablo Adreani of consultancy Pablo Adreani and Associates.
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