AGL 5.71 Decreased By ▼ -0.04 (-0.7%)
ANL 8.91 Increased By ▲ 0.06 (0.68%)
AVN 78.92 Decreased By ▼ -0.58 (-0.73%)
BOP 5.25 Increased By ▲ 0.08 (1.55%)
CNERGY 4.73 Increased By ▲ 0.04 (0.85%)
EFERT 81.60 Increased By ▲ 0.50 (0.62%)
EPCL 51.05 Increased By ▲ 0.06 (0.12%)
FCCL 13.35 Decreased By ▼ -0.14 (-1.04%)
FFL 5.79 Decreased By ▼ -0.02 (-0.34%)
FLYNG 7.15 Decreased By ▼ -0.06 (-0.83%)
FNEL 4.82 Increased By ▲ 0.02 (0.42%)
GGGL 8.91 Increased By ▲ 0.21 (2.41%)
GGL 16.05 Increased By ▲ 0.30 (1.9%)
HUMNL 5.90 Increased By ▲ 0.05 (0.85%)
KEL 2.62 Increased By ▲ 0.04 (1.55%)
LOTCHEM 29.16 Decreased By ▼ -0.34 (-1.15%)
MLCF 25.10 Decreased By ▼ -0.20 (-0.79%)
OGDC 72.60 Increased By ▲ 0.15 (0.21%)
PAEL 15.35 Decreased By ▼ -0.05 (-0.32%)
PIBTL 5.10 Decreased By ▼ -0.05 (-0.97%)
PRL 16.38 Increased By ▲ 0.13 (0.8%)
SILK 1.08 Increased By ▲ 0.01 (0.93%)
TELE 9.39 Increased By ▲ 0.09 (0.97%)
TPL 7.40 Increased By ▲ 0.05 (0.68%)
TPLP 18.89 Decreased By ▼ -0.27 (-1.41%)
TREET 21.96 Increased By ▲ 0.11 (0.5%)
TRG 141.95 Decreased By ▼ -0.85 (-0.6%)
UNITY 17.24 Increased By ▲ 0.04 (0.23%)
WAVES 9.99 Decreased By ▼ -0.04 (-0.4%)
WTL 1.42 Increased By ▲ 0.04 (2.9%)
BR100 4,264 Increased By 16.5 (0.39%)
BR30 15,773 Increased By 11.2 (0.07%)
KSE100 42,460 Increased By 111.6 (0.26%)
KSE30 15,692 Increased By 59.9 (0.38%)
Follow us

BUENOS AIRES: Argentine farmers sped up soy harvesting over the last week thanks to drier weather, the Buenos Aires Grains Exchange said on Thursday, although the pace of the harvest lagged that of the previous season due to severe rains last month.

Intense showers in early March made it difficult for harvesters to access the fields in the main agricultural areas of Argentina. The country is expected by the exchange to bring in a total 43 million tonnes of soy in the 2020/21 season.

Harvesting advanced 14.4 percentage points in the last seven days, to reach 32.9% of planted soy area, the exchange said in its weekly crop report. At this point last year, growers had brought in 68.2% of the 2019/20 harvest, the exchange said.

“Favorable conditions have allowed harvesting work to resume in the center of the country,” the exchange said, adding that “agro-climatic conditions of the next 10 days will be decisive.”

Meteorologists told Reuters this week that no significant rains are expected over the near term, which should allow farmers to make up of some of the time they lost harvesting over the last two months due to excessive wetness.

The exchange said this season’s corn harvest, which overlaps that of soy on the Pampas grains belt, has advanced only 19.5% so far as growers give priority to soybeans, the country’s main cash crop.

Argentina is the world’s top exporter of soymeal livestock feed and its No. 3 corn supplier.

Comments

Comments are closed.

Argentine farmers speed up soya harvesting thanks to drier weather

Intra-day update: rupee records gains against US dollar

Ban on GMO soyabean: govt, importers take divergent positions

Finance Bill 2023: SEZs: FBR to withdraw turnover tax exemption

Country has ‘sufficient’ wheat, cabinet told

Dollar plunges to 3-month low vs yen as Powell says Fed to go slow

FCA for Oct 2022: Nepra to allow KE negative adjustment of Rs2.15/unit

Encashment of SBLC: Resolve Hubco-CPHGC dispute, PM asks authorities concerned

Delay in import of spare parts: Haveli Bahadur Shah power plant faces closure

Media campaigns: ECC approves Rs2bn TSG against Rs5bn demand

Rates of kerosene oil, light diesel dip