Rosario Board of Trade: Argentina’s soybean production now estimated at 54.5 MMT; Corn output also raised


A new estimate from the Rosario Board of Trade puts Argentina’s soybean production expectation at 54.5 million metric tons, which means that the weather has improved a lot in areas previously affected by floods and fires. The previous estimate of the Board of Trade was at nearly 52 million metric tons.

In the meantime there was also an improvement for the corn crop. The new estimate is that the Argentinian production of the cereal would be at 36.5 million metric tons – about one million higher than the prior forecast. The highest corn yields are seen in Córdoba, followed by the provinces of Buenos Aires, Santiago del Estero, Santa Fe and Entre Ríos.


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