South American Real Estate News

Argentina’s 2015 soybean harvest to be comfortably above 60m tons

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Record Argentine Soybean Harvest in the making

Surprisingly, despite adverse weather conditions earlier in many regions it is now certain that with over 90% of the soybean crop harvested, (approximately 17.2 million hectares), the total 2014/15 crop will be over 60 million tons. This has just been reported by the Argentine Cereals Chamber.

“To date the average yield stands at 3.300 kilos per hectare, we can thus estimate the current total harvest at 57.4 million tons”, they said.

The areas with the highest yields were to the south of Santa Fe and Cordoba provinces with an average of 4.100 kilos per hectare, while to the north of the province of Buenos Aires, yield was closer to 3.900 kilos.

The Cereals chamber also said that the area still waiting to be harvested is in the extreme of the farm regions.

This means that those areas to the northeast and northwest waiting to be harvested represent 47% of the remnant area, and in the opposite extreme, to the southeast and southwest, mainly the provinces of Buenos Aires and La Pampa, they concentrate 34% of the area still to be harvested.

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