Argentina: rain hampered maize sowing

In Argentina's grain belt in the northern and Central Argentina, storms and heavy rainfall have slowed corn planting in the past few days. So far, 91% of the area for the harvest were ordered 2016/17. Heavy rains have softened the floors, so that the machines not on the fields. The biggest problems have farmers in the provinces in the center of Santa Fe, in the Eastern Cordoba and Buenos Aires province
The Buenos Aires grains Exchange expects that an area is ordered by 4.9 million hectares for commercial use. This means that the corn is sold and is not used for his own operational purposes. Overall, corn is grown according to the estimates of the Government on 7.25 million hectares.
The Department of agriculture expects a maize harvest of 44.51 million tonnes compared to 39.8 million tonnes this season in the previous year. The sharp rise in founded by the changed trade policy of President Mauricio Macri, who took office about 13 months ago, and shortly thereafter built punitive tariffs on corn and wheat exports.
Still no estimate for the corn crop 2016/17 was published by the Buenos Aires grains Exchange.
Argentina expects a soybean harvest 2016/17 of 56 million tonnes compared to 58.8 million tons produced in the crop year 2015/16. A larger acreage for wheat and corn is to the detriment of soya bean. The stock exchange has published yet no estimate for the soybean harvest, shared but with that she appreciates the area of oilseeds to 19.3 million hectares versus 20.1 million hectares in 2015/16.

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