(Adds quote from exchange report)
BUENOS AIRES, March 11 (Reuters) - Argentina is expected to harvest 44 million tonnes of soy and 45 million tonnes of corn this season, below the previously forecast 46 million tonnes for each crop, due to dry conditions, the Buenos Aires Grains Exchange said on Thursday.
The country’s Pampas farm belt has suffered unusually dry weather since the middle of 2020. A recent heatwave combined with low rainfall has exacerbated the situation.
“Early-planted soy fields are approaching harvest with expected yields below historical averages. Late-planted soy is seeing losses of harvestable area due to pest attacks and depleted water reserves,” the exchange said in its weekly crop report.
By Maximilian Heath BUENOS AIRES, March 11 (Reuters) - Argentina is expected to harvest 44 million tonnes of soy and 45 million tonnes of corn this season, below the previously forecast 46 million tonnes for each crop, due to dry conditions, the Buenos Aires Grains Exchange said on Thursday. The country's Pampas farm belt has suffered unusually dry weather since the middle of 2020. A recent heatwave combined with low rainfall has exacerbated the situation.
UPDATE 3-Argentine soy, corn crop estimates cut due to dry conditions, exchange says reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
3/11/2021
By Maximilian Heath
BUENOS AIRES, March 11 (Reuters) - Argentina is expected to
harvest 44 million tonnes of soy and 45 million tonnes of corn
this season, below the previously forecast 46 million tonnes for
each crop, due to dry conditions, the Buenos Aires Grains
Exchange said on Thursday.
The country s Pampas farm belt has suffered unusually dry
weather since the middle of 2020. A recent heat wave combined
with low rainfall has exacerbated the situation. Early-planted soy fields are approaching harvest with
expected yields below historical averages. Late-planted soy is
seeing losses of harvestable area due to pest attacks and
depleted water reserves, the exchange said in its weekly crop