Jun 2, 2015
Argentina's 2014/15 soybean crop to exceed 60 million tonnes
The Buenos Aires Cereals Stock exchange has forecast the total 2014/15 soybean crop estimate at over 60 million tonnes.
To date over 90% of the soybean crop has been harvested.
"So far the average yield stands at 3,300 kilos per hectare, we can thus estimate the current total harvest at 57.4 million tonnes", said the Cereals chamber.
The areas with the highest yields were to the south of Santa Fe and Cordoba provinces with an average of 4,100 kilos per hectare, while to the north of the province of Buenos Aires, yield was closer to 3,900 kilos.
The Cereals chamber also said that the area remaining to be harvested lies along the extremities of the farm regions.
Specifically, those areas to the northeast and northwest waiting to be harvested represent 47% of the remaining area, and in the opposite extreme, to the southeast and southwest, mainly in the provinces of Buenos Aires and La Pampa, they make up 34% of the area to be harvested.