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Weeklyagreport: Soybean

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WeeklyAgReport

BUENOS AIRES GRAIN E XCHANGE

WEEK ENDED ON Mar. 19, 2015


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

March 19, 2015


AGRICULTURAL WEATHER OUTLOOK: MARCH 19 TO 25, 2015: High temperatures and scarce
precipitations over most part of the agriculutral area, followed by a sharp temperature decrease.

OUTLOOK SUMMARY
At the beginning of the perspective, northerly winds will bring high temperatures to most part of the
agricultural area. Towards the middle of the perspective, the passage of a Pampero front will bring abundant
precipitations to the west of the region. The rest of the agricultural area , however, will observe scarce rainfalls.
Coupled with the front and in coincidence with the start of Autumn, the entrance of winds coming from the southeast
will lead to a sharp temeprature decrease, with likelihood of local frosts in the south of the ag. Region.

SOYBEAN
Within the last seven days, there was significant plot and road recovery in areas that had been flooded
since early this month. At the same time, harvest started in the central region, with yields above historic
averages, meeting the elevated initial expectations. Consequently, bearing in mind that nationwide harvest is
not yet significant, productive projection remains at 57,000,000 tons this season.
There are still many flooded plots in the mid-north of Crdoba, mid-north of Santa Fe, and the north
belt. The soybean area affected by water excess throughout the region is estimated as 850,000 hectares, out
of which 200,000 hectares, 1 % of the national area, will not be harvested for being on low grounds.
Productive outlook is still high, since weather conditions were good during most of the crop cycle.
In the north belt region, yield expectations on first plots remained at 4 Tn/Ha within the last four weeks.
Nevertheless, first plots collected yielded an average between 4 and 4.8 Tn/Ha. Likewise, the south belt

presents a similar framework, where early plots yielded from 3.8 to 4.5 Tn/Ha. Toward the mid-north of Santa
Fe, yield expectations in the last month posted around 3 Tn/Ha.
In the last few days water deficits were observed in parts of the NE Area, and many areas of Buenos
Aires were unable to recover soil moisture, despite the rainfalls received.

CORN
Commercial corn harvest is spreading to the rest of the Pampa region. So far, 5.6 % of the area was
harvested, which is estimated at 3.14 MHa. Overall, more than 172 thousand hectares were harvested,
accruing a farm volume of over 1.5 MTn, averaging a yield of 8.9 Tn/Ha nationwide. Week-on-week advance
posted 2.2 %+, and YOY decrease was -1.4 %.
Toward the north and south belt regions, harvest yields are in excess of 10 Tn/Ha, peaking up to 13
Tn/Ha. The mid-north of Cordoba has started harvesting the first early plots, with yields above historic
averages. In the south of Cordoba, harvest productivities range between 5 and 9 Tn/Ha.
In the last few days in the mid-east of Entre Ros and mid-north of Santa Fe, harvest has moved at
good pace, yielding very good values, aided by favorable weather. Toward the north of La Pampa-west of
Buenos Aires, yields are nearing 8.2 Tn/Ha on average. Based on these conditions, productive estimates
remain at 22,500,000 Tons. This final volume would fall by -16.6 % from last season.

CORN HARVEST
2012/13 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

Sown
230.000
315.000
490.000
335.000
130.000
300.000
265.000
137.000
370.000
179.000
98.000
92.000
123.000
52.000
24.000
3.140.000

Hectareage (Ha)
Porcentage
Hectares
Lost
Harvestable Harvested (%) Harvested
2.000
228.000
0,0
2.000
313.000
0,0
11.000
479.000
0,4
2.050
8.000
327.000
1,2
3.810
5.000
125.000
29,1
36.380
3.500
296.500
14,9
44.300
2.000
263.000
10,5
27.545
4.000
133.000
26,8
35.675
5.000
365.000
3,5
12.600
3.000
176.000
0,0
2.000
96.000
0,0
3.000
89.000
0,0
3.500
119.500
0,0
2.000
50.000
4,2
2.110
500
23.500
34,9
8.190
56.500
3.083.500
5,6 172.660

As of: Mar. 19,2015


Yield
Production
(qq/Ha)
(Tn)
80
16.400
70
26.670
82
298.316
112
496.160
105
289.223
77
274.698
82
103.320
55
11.605
40
32.760
89,7 1.549.151

SUNFLOWER
Harvest fieldwork has continued nationwide this last week, concentrating in the sunflower growing
area of the SW of Buenos Aires-south of La Pampa, SE of Buenos Aires and center of the ag region. To date,
60.3 % of the area was harvested, accounting for 748,000 Ha, accruing a farm volume of 1.6 MTn. Week-onweek advance is 25.1 %, with an average yield of 2.2 Tn/Ha nationwide. Therefore, productive projection
remains at 2,600,000 tons for year 2014/15.
Toward the center of Buenos Aires, north of La Pampa west of Buenos Aires, and the Salado basin,
harvest has made good progress this week, yielding an average of 2.2 Tn/Ha.
The SW of Buenos Aires-south of La Pampa and SE of Buenos Aires reported significant harvest
progress, with yields maintaining a bullish trend and exceeding historic averages. Current average is around
2.3 Tn/Ha, over a harvested area of 860 thousand Ha.

SUNFLOWER HARVEST
2014/15 Season
Hectareage (Ha)
Porcentage
Hectares
Zone
Sown
Lost
Harvestable Harvested (%) Harvested
I
NOA
II
NEA
135.000
10.000
125.000
100,0
125.000
III
Ctro N Cba
2.000
350
1.650
100,0
1.650
IV
S Cba
15.000
500
14.500
77,0
11.165
V
Ctro N SFe
90.000
6.200
83.800
100,0
83.800
VI
Ncleo Norte
4.000
380
3.620
80,0
2.896
VII
Ncleo Sur
5.000
350
4.650
81,0
3.767
VIII
Ctro E ER
3.000
350
2.650
79,0
2.094
IX
N LP-OBA
90.000
8.200
81.800
70,0
57.260
X
Ctro BA
50.000
2.000
48.000
50,0
24.000
XI
SO BA-S LP
420.000
19.000
401.000
49,0
196.490
XII
SE BA
390.000
8.500
381.500
48,0
183.120
XIII
SL
20.000
2.200
17.800
62,0
11.036
XIV
Cuenca Sal
72.000
2.000
70.000
60,0
42.000
XV
Otras
4.000
200
3.800
92,0
3.496
TOTAL
1.300.000
60.230
1.239.770
60,3
747.773

Buenos Aires, March 19, 2015

As of: Mar. 19, 2015


Yield
Production
(qq/Ha)
(Tn)
19,0
237.500
12,9
2.129
23,0
25.680
19,0
159.220
24,0
6.950
29,0
10.923
19,0
3.978
25,0
143.150
28,0
67.200
22,0
432.278
24,0
439.488
18,0
19.865
23,5
98.700
14,0
4.894
22,1
1.651.954

Buenos Aires Grains Exchange

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