Jun 04, 2024
2023/24 Argentina Corn 30% Harvested
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Most of the corn harvested thus far is from the core production areas where the corn was planted earlier and had beneficial weather during the growing season. Very little of the corn impacted by corn stunt disease has been harvested and when the harvest does move into those fields, the nationwide corn yield is expected to decline.
Corn in Argentina was 30.1% harvested as of late last week compared to 36% average. This represented an advance of 2.1% for the week. In the core production areas, the corn is 75% harvested with 15-35% harvested in southern Argentina and approximately 10% harvested in far northern Argentina.
The average nationwide corn yield thus far is 8,050 kg/ha (127.9 bu/ac), which is down 2.1 bu/ac from the prior week. Corn yields range from a low of 2,370 kg/ha (37.6 bu/ac) in northern Argentina to a high of 10,800 kg/ha (171.7 bu/ac) in the northern core region. The Buenos Aires Grain Exchange left their corn estimate unchanged this week at 46.5 million tons.
The corn in Argentina was rated 47% poor/very poor, 42% fair, and 11% good/excellent as of late last week. The good/excellent percentage is unchanged from the prior week. The soil moisture for the corn was rated 18% short/very short and 82% favorable/optimum. The favorable/optimum percentage is unchanged from the prior week. Below is the Argentina corn rating for May 29, 2024 from the Buenos Aires Grain Exchange.
2023/24 Argentina Corn Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Apr. 24, 2024 | 40 (52) | 17 (5) | 18 (49) | 80 (51) |
| May 1, 2024 | 40 (54) | 18 (17) | 15 (50) | 84 (50) |
| May 8, 2024 | 42 (55) | 17 (18) | 14 (49) | 85 (51) |
| May 15, 2024 | 46 (53) | 14 (4) | 15 (50) | 85 (50) |
| May 22, 2024 | 49 (53) | 11 (5) | 17 (46) | 83 (54) |
| May 29, 2024 | 47 (54) | 11 (4) | 18 (44) | 82 (56) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages