AIRLINK 73.80 Decreased By ▼ -0.20 (-0.27%)
BOP 5.00 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.49 Increased By ▲ 0.07 (1.58%)
DFML 40.31 Increased By ▲ 1.11 (2.83%)
DGKC 86.40 Increased By ▲ 0.31 (0.36%)
FCCL 21.70 Increased By ▲ 0.05 (0.23%)
FFBL 34.30 Increased By ▲ 0.29 (0.85%)
FFL 9.88 Decreased By ▼ -0.04 (-0.4%)
GGL 10.77 Increased By ▲ 0.21 (1.99%)
HBL 113.80 Decreased By ▼ -0.09 (-0.08%)
HUBC 135.89 Increased By ▲ 0.05 (0.04%)
HUMNL 12.20 Increased By ▲ 0.30 (2.52%)
KEL 4.79 Decreased By ▼ -0.05 (-1.03%)
KOSM 4.59 Increased By ▲ 0.06 (1.32%)
MLCF 38.41 Increased By ▲ 0.14 (0.37%)
OGDC 135.20 Increased By ▲ 0.35 (0.26%)
PAEL 26.43 Increased By ▲ 0.08 (0.3%)
PIAA 19.24 Decreased By ▼ -1.56 (-7.5%)
PIBTL 6.75 Increased By ▲ 0.07 (1.05%)
PPL 122.48 Decreased By ▼ -0.52 (-0.42%)
PRL 27.51 Increased By ▲ 0.82 (3.07%)
PTC 14.43 Increased By ▲ 0.10 (0.7%)
SEARL 59.32 Increased By ▲ 0.20 (0.34%)
SNGP 68.85 Decreased By ▼ -0.65 (-0.94%)
SSGC 10.31 Decreased By ▼ -0.02 (-0.19%)
TELE 8.58 Increased By ▲ 0.08 (0.94%)
TPLP 11.36 Increased By ▲ 0.13 (1.16%)
TRG 64.60 Decreased By ▼ -0.25 (-0.39%)
UNITY 26.25 No Change ▼ 0.00 (0%)
WTL 1.34 No Change ▼ 0.00 (0%)
BR100 7,867 Increased By 16.3 (0.21%)
BR30 25,330 Decreased By -6.3 (-0.02%)
KSE100 75,409 Increased By 202 (0.27%)
KSE30 24,204 Increased By 61.5 (0.25%)

BUENOS AIRES: Heavy rainfall linked to the weather phenomenon known as El Nino likely will kick off in Argentina in October, experts said on Thursday, which could affect the upcoming corn planting season in some parts of the country.

Water is needed in many key corn-growing areas where soil moisture levels are low, following a crippling drought that curtailed agricultural production during the 2022/23 season.

Farmers are expected to start planting corn for the 2023/24 cycle in September. “We still have to spend August and the entire month of September with a situation that doesn’t seem to be the best,” said German Heinzenknecht, a meteorologist at climate consultancy CCA, who forecasts rains in October. The Rosario Stock Exchange (BCR) noted in a statement that current weather forecasts call for a more moderate El Nino, after stronger effects were previously seen, while also agreeing that rains will most likely pick up from October.

In a pre-season estimate, the BCR calculated the 2023/24 corn harvest at 56 million metric tons, adding that many farmers will delay their sowing or directly abandon their plans to sow the cereal if there is not enough rain.

“The possibility of adding 300,000 hectares (741,316 acres)of corn planting seems more and more remote due to the lack of water,” according to the BCR, which has estimated the 2023/24 corn area at 8.5 million hectares.

Comments

Comments are closed.