WeeklyAgReport

BUENOS AIRES GRAIN E XCHANGE

WEEK ENDED ON Dec. 04, 2014

CROP REPORT - HIGHLIGHTS
Estimations and Agricultural Projections Department
Buenos Aires Grain Exchange

Referencias:
NOA: Salta+Tucumn+Jujuy+Catamarca+Oeste Sgo del Estero.
NEA: Chaco+Este Sgo del Estero+Formosa.
Ctro N Sfe: Centro-Norte de Santa Fe. Ctro N Cba: Centro-Norte de Crdoba.
Ncleo Norte: Este de Crdoba+Centro-Sur de Santa Fe+Sudoeste de Entre Ros.
S Cba: Sur de Crdoba. N LP-O BA: Norte de La Pampa+ Oeste de Buenos Aires.
Ctro E ER: Entre Ros excluido Victoria y Diamante.
Ctro BA: Centro de Buenos Aires.
SO BA-S LP: Sudoeste de Buenos Aires+Sur de La Pampa.
SE BA: Sudeste de Buenos Aires. SL: San Luis.
Cuenca Sal: Este de la Cuenca del Salado. Otras: Corrientes+Misiones.

WEEKLY AGRICULTURAL WEATHER OUTLOOK

BUENOS AIRES GRAINS EXCHANGE

December 04, 2014

AGRICULTURAL WEATHER OUTLOOK: DECEMBER 4 TO 10, 2014: HEAT AND

PRECIPITATIONS FOLLOWED BY A MODERATE TEMPERATURE DROP.

OUTLOOK SUMMARY
At the beginning of the perspective, northerly winds will impact over most part of the agricultural area,
leading to a sharp heat wave that will significantly raise the consuption of water of pastures and crops. Towards
the end of the perspective, the passage of a Pampero front will bring rainfalls of varying intensity and a
moderate temperature drop to most part of the agricultural area.

SOYBEAN
Up to date, 54.5 % of an estimated area of 20,600,000 hectares was planted, reporting week-onweek advance for 9.7 percentage points, and a YOY decrease of -3.4 percentage points. Overall, more
than 11.2M Ha have been planted throughout the ag region. Planting fieldwork was concentrated in the
mid-north of Cordoba and Santa Fe, in sectors of the south belt area, north of La Pampa and west and
southeast of Buenos Aires.
Simultaneaously, second soybean plots started to be incorporated during the last seven days,
with recovered moisture after the storm front of last weekend.
Along the central strip of the country, in the north and south belts, early planted plots are still
differentiating from 3 to 4 leaves (V3-V4), in advanced plots nearing flowering (R1), although there is a
significant number of plots which are still on planting/emergence stages. In general, crop conditions
range from good to very good, although some plots had to be re-planted on account of flooding in low
fields after the heavy rains of November. Likewise, there were cases of caterpillar attacks, and some
plots were treated accordingly.

SOYBEAN PLANTING
2014/15 Season
Zone
I
NOA
II
NEA
III
Ctro N Cba
IV
S Cba
V
Ctro N SFe
VI
Ncleo Norte
VII
Ncleo Sur
VIII
Ctro E ER
IX
N LP-OBA
X
Ctro BA
XI
SO BA-S LP
XII
SE BA
XIII
SL
XIV
Cuenca Sal
XV
Otras
TOTAL

Hectareage (Ha)
2013/14
2014/15
1.103.000
900.000
1.654.000
1.500.000
2.265.000
2.300.000
1.490.000
1.700.000
1.160.000
1.300.000
3.560.000
3.500.000
2.800.000
2.800.000
1.230.000
1.250.000
1.660.000
1.850.000
570.000
650.000
500.000
600.000
1.590.000
1.800.000
165.000
180.000
203.000
220.000
50.000
50.000
20.000.000
20.600.000

As of: Dec. 04, 2014

Porcentage
Hectares
planted (%)
planted
1,2
10.875
2,7
39.970
51,4
1.181.700
53,1
902.584
33,0
429.025
83,9
2.936.541
80,7
2.260.232
71,8
898.080
68,0
1.257.185
50,8
329.975
13,0
78.200
35,8
645.120
68,1
122.500
52,3
115.050
37,3
18.630
54,5 11.225.667

CORN
Rainfalls of recent days have interrupted planting, although they have also leveraged the
development of plots at advanced vegetative stages. Likewise, rains are improving the outlook on late
plantings, which will be incorporated in the next few weeks.
So far, national corn planting has covered 44.9 % of an estimated area of 3,000,000 hectares,
marking week-on-week progress for 3.5 percentage points, and a YOY decrease of -2.5 percentage
points. Overall, more than 1.3 M Ha were planted, with the bulk of planting fieldwork concentrated in the
north of La Pampa, west and center of Buenos Aires, where late plots have started to be incorporated.
Simultaneously, late incorporations are taking momentum in the province of Cordoba and sectors of the
south belt, aided by good moisture supplies.
Most early plots are moving through vegetative phases in good moisture conditions, although
there are some plots at flowering stages in sectors of the mid-north of Cordoba, and to a lesser degree
in the north and south belts.

CORN PLANTING
2014/15 Season
Zonas
I
NOA
II
NEA
III
Ctro N Cba
IV
S Cba
V
Ctro N SFe
VI
Ncleo Norte
VII
Ncleo Sur
VIII Ctro E ER
IX
N LP-OBA
X
Ctro BA
XI
SO BA-S LP
XII
SE BA
XIII
SL
XIV Cuenca Sal
XV
Otras
TOTAL

Hectareage (Ha)
2013/14
2014/15
282.000
220.000
412.000
307.000
620.000
480.000
430.000
320.000
136.000
110.000
400.000
300.000
340.000
265.000
151.000
132.000
424.000
340.000
218.000
174.000
100.000
92.000
90.000
81.000
130.000
118.000
48.000
42.000
19.000
19.000
3.800.000
3.000.000

As of: Dec. 04, 2014

Porcentage
Hectares
planted (%)
planted
0,0
3,0
9.210
11,8
56.640
43,0
137.600
45,0
49.500
75,0
225.000
77,5
205.375
55,0
72.600
62,5
212.500
82,5
143.550
80,0
73.600
83,8
67.838
43,0
50.740
84,8
35.616
40,0
7.600
44,9 1.347.369

SUNFLOWER
To date, national sunflower planting has covered 98.4 % of an estimated area of 1,300,000
hectares, marking week-on-week advance for only 1.6 percentage points, though maintaining a YOY
advance of 1.5 percentage points. Pending area amounts to 20 thousand hectares, mainly sitting in
areas of the SE of Buenos Aires, where last weekend rainfalls have interrupted plots incorporation.
On the sunflower belt of the NE Area, most plots are filling grains. Crop condition ranges from
good to very good, thanks to water recovery from the rainfalls of November, which results in an
adequate to optimal water condition.
Toward the mid-north of Santa Fe, crop is evolvong through flowering stages, and the most
advanced plots are filling grains in optimal moisture conditions.
On the opposite end of the ag region, north of La Pampa-west of Buenos Aires, moisture
condition was observed to be adequate for crop development, which is at differentiation phase.

SUNFLOWER PLANTING
2014/15 Season
Hectareage (Ha)
Zone
2013/14
2014/15
I
NOA
II
NEA
230.000
135.000
III
Ctro N Cba
3.000
2.000
IV
S Cba
22.000
15.000
V
Ctro N SFe
150.000
90.000
VI
Ncleo Norte
7.000
4.000
VII
Ncleo Sur
9.000
5.000
VIII Ctro E ER
5.000
3.000
IX
N LP-OBA
100.000
90.000
X
Ctro BA
45.000
50.000
XI
SO BA-S LP
420.000
420.000
XII
SE BA
380.000
390.000
XIII SL
30.000
20.000
XIV Cuenca Sal
75.000
72.000
XV
Otras
4.000
4.000
TOTAL
1.480.000
1.300.000

As of: Dec. 04, 2014

Porcentage
Hectares
planted (%)
planted
100,0
135.000
100,0
2.000
100,0
15.000
100,0
90.000
100,0
4.000
100,0
5.000
100,0
3.000
100,0
90.000
100,0
50.000
98,0
411.600
97,0
378.300
99,0
19.800
100,0
72.000
100,0
4.000
98,4 1.279.700

GRAIN SORGHUM
Up to date, 357,000 Ha were planted, accounting for 40.7 % of the national area, estimated at
880,000 hectares. Consequently, week-on-week advance posted 22 percentage points, and YOY
decrease was reported as -8.2 points. Such planting delay is due to the rainfalls received in the last few
weeks.
The regions of the NE Area and mid-north of Santa Fe are performing early plantings, and late
plantings should start in the next few weeks. Second planting plots will be sown on recently harvested
wheat plots, and on suflower plots during January.
Finally, sorghum planting is in good progress in the SW of Buenos Aires and south of La Pampa,
with good moisture supplies.
GRAIN SORGHUM PLANTING
2014/15 Season
Hectareage (Ha)
Zone
2013/14
2014/15
I
NOA
24.000
24.000
II
NEA
245.000
200.000
III
Ctro N Cba
134.000
100.000
IV
S Cba
44.000
34.000
V
Ctro N SFe
205.000
170.000
VI
Ncleo Norte
40.000
32.000
VII
Ncleo Sur
20.000
17.000
VIII Ctro E ER
85.000
65.000
IX
N LP-OBA
45.000
40.000
X
Ctro BA
8.000
8.000
XI
SO BA-S LP
120.000
80.000
XII
SE BA
7.000
7.000
XIII SL
52.000
52.000
XIV Cuenca Sal
29.000
29.000
XV
Otras
22.000
22.000
TOTAL
1.080.000
880.000

As of: Dec. 04, 2014

Porcentage
Hectares
planted (%)
planted
0,0
7,0
14.000
45,0
45.000
40,0
13.600
60,0
102.000
80,0
25.600
65,0
11.050
45,0
29.250
36,0
14.400
30,0
2.400
60,0
48.000
35,0
2.450
50,0
26.000
55,0
15.950
40,0
8.800
40,7
358.500

WHEAT
Wheat harvest has covered 41.8 % of the area, marking week-on-week advance for 10.8 percentage
points, and maintaining YOY progress for 12.3 percentage points from last season. Overall, nearly 1.7M
Ha were harvested, yielding an average of 2.34 tons/Ha, with a partial accrued volume of 4M Tn.
Although national average is on the rise, the cycle is expected to close at above 2.8 tons/Ha, thus
reaching a national production of 11,500,000 tons.
The main harvest progress was observed in the mid-north and south of Cordoba, south belt and
mid-east of Entre Ros. Except for the south of Crdoba, these regions are near to finishing the season.
On the other hand, harvest is finished in the mid-north of Santa Fe, posting an average yield of 2.17
tons/Ha, and a final production of 434 mTn.
Toward the south, harvest started to gain traction in the north of La Pampa and west of Buenos
Aires. Finally, in the wheat areas of the SE and SW of Buenos Aires, most plots are already at
phyisiological ripeness, while the rest of the area is at grain filling stage in good moisture conditions.

WHEAT HARVEST
2014/15 Season
Hectareage (Ha)
Porcentage
Hectares
Harvested
(%)
Harvested
Zone
Sown
Lost
Harvestable
I
NOA
175.000
25.000
150.000
100,0
150.000
II NEA
250.000
20.000
230.000
100,0
230.000
III Ctro N Cba
440.000
20.000
418.000
90,0
376.200
IV S Cba
247.000
10.000
237.000
45,0
106.650
V Ctro N SFe
215.000
15.000
200.000
100,0
200.000
VI Ncleo Norte 371.000
15.000
356.000
85,0
302.600
VII Ncleo Sur
294.000
17.000
277.000
37,0
102.490
VIII Ctro E ER
200.000
9.000
191.000
80,0
152.800
IX N LP-OBA
380.000
6.000
374.000
18,0
67.320
X Ctro BA
140.000
140.000
XI SO BA-S LP
814.000
814.000
XII SE BA
610.000
610.000
XIII SL
5.000
700
4.300
50,0
2.150
XIV Cuenca Sal
50.000
50.000
XV Otras
9.000
300
8.700
93,0
8.091
TOTAL
4.200.000
138.000
4.060.000
41,8 1.698.301

Buenos Aires, December 04, 2014

As of: Dec. 04, 2014

Yield
Production
(qq/Ha)
(Tn)
10,7
160.548
11,7
268.343
26,5
995.689
23,0
245.769
21,7
434.000
28,9
874.981
35,2
361.070
22,7
346.665
38,4
258.368
10,0
2.150
27,3
22.107
23,4
3.969.493

Buenos Aires Grains Exchange