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Weeklyagreport: Week Ended On Mar. 03, 2016

The weekly agricultural report from the Buenos Aires Grain Exchange provides the following outlook: - Moderate to scarce rainfall is expected over most agricultural regions this week, with the exception of western NOA, parts of Cuyo, and the south of the Pampas region. This will be followed by cooler temperatures and later heat wave conditions. - Timely rainfall will benefit soybeans in several northern regions and support the production estimate of 58 million tons, while some areas may face waterlogging issues. Corn harvesting remains delayed due to recent rains. - Sunflower harvesting expanded to central and southern Buenos Aires and stands at 33.2% complete or 396,426 hectares harvested so far, supporting the production estimate

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30 views

Weeklyagreport: Week Ended On Mar. 03, 2016

The weekly agricultural report from the Buenos Aires Grain Exchange provides the following outlook: - Moderate to scarce rainfall is expected over most agricultural regions this week, with the exception of western NOA, parts of Cuyo, and the south of the Pampas region. This will be followed by cooler temperatures and later heat wave conditions. - Timely rainfall will benefit soybeans in several northern regions and support the production estimate of 58 million tons, while some areas may face waterlogging issues. Corn harvesting remains delayed due to recent rains. - Sunflower harvesting expanded to central and southern Buenos Aires and stands at 33.2% complete or 396,426 hectares harvested so far, supporting the production estimate

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WeeklyAgReport

BUENOS AIRES GRAIN EXCHANGE

WEEK ENDED ON MAR. 03, 2016


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.

OUTLOOK SUMMARYWEEKLY AGRICULTURAL WEATHER OUTLOOK


BUENOS AIRES GRAIN EXCHANGE
March 03, 2016

AGRICULTURAL WEATHER OUTLOOK: MARCH 3 TO 9, 2016: MODERATE TO SCARCE


PRECIPITATIONS OVER MOST PART OF THE AG. REGION, WITH THE EXCEPTION OF
WESTERN NOA, PART OF CUYO AND THE SOUTH OF THE PAMPAS REGION, FOLLOWED BY
A MODERATE TEMPERATURE DROP AND A LATER REACTIVATION of THE HEAT WAVE.

At the beginning of the perspective, the passage of a Pampero front will bring precipitations to most part
of NOA, northern Cuyo and the northeast of Paraguay. The rest of the region will report scarce values.
The front will be followed by winds coming from the south/southeast that will bring a sharp temperature
drop to most part of the Ag. region. Later on, northerly winds will reactivate the heat wave over most part
of the area and bring abundant humidity.

SOYBEAN
With 75% of soybeans going through their grainfilling and second flowering stage, timely rainfalls
will bring humidity to the plots and a widespread positive impact on soybeans over NOA, NEA, the northcenter of Crdoba, Santa Fe, San Luis and the northern-end of Buenos Aires. Under this scenario, we
maintain our final production estimate at 58 M tons.
On the contrary, some areas of southern Crdoba, the north of the belt and the east-center of Entre
Ros will report temporary water logging and crop losses. Although preventive fieldwork is being
conducted to protect crops against disease, we observe a higher pressure of resistant weeds.

CORN
Recent rainfalls continue hindering the access to rural areas and generate water logging in some
plots in the center of the country. Harvest of early plots is delayed. To date, only 1.9% of the area has
been collected. YoY progress is down 0.8% but up 3% with respect to the past five campaigns. Our final
production estimate, both for early and late crops, stands above historical averages at 25 M tons.

SUNFLOWER
This week, hasvest has mainly expanded into the center, west and south of Buenos Aires.
Fieldwork was only partially hindered by precipitations. In the past few days, harvest started in the
southeast of Buenos Aires. The southwest and center of Buenos Aires, southern La Pampa and Cuenca
del Salado reported slow progress in the harvest of early plots in physiological maturity. To date,
harvest expanded into 33.2% (400,000 hectares). Production stands at 797M tons. Weekly and YOY
progress are estimated at 4.2% and 8.6% respectively with an average yield of 2.01T/h. Under this
scenario, we maintain our final production estimate at 2.3 M tons. This figure could be adjusted upwards
if harvest progresses quickly in the main-producing areas of the southeast and southwest of Buenos
Aires.

SUNFLOWER HARVEST
As of:
Mar. 03, 2016
2015/16 Season
Hectareage (Ha)
Porcentage
Hectares
Yield Production
(Tn)
Zone
Sown
Lost
Harvestable Harvested (%) Harvested (qq/Ha)
I
NOA
II
NEA
180.000
7.000
173.000
100,0 173.000
19,5 336.555
III Ctro N Cba
3.000
100
2.900
100,0
2.900
16,0
4.647
IV S Cba
18.000
1.300
16.700
60,0
10.020
19,4
19.475
V
Ctro N SFe
140.000
8.400
131.600
100,0 131.600
19,6 258.441
VI Ncleo Norte
7.000
350
6.650
70,0
4.655
21,3
9.925
VII Ncleo Sur
5.000
250
4.750
60,0
2.850
23,5
6.711
VIII Ctro E ER
4.000
200
3.800
55,0
2.090
16,1
3.355
IX N LP-OBA
90.000
2.000
88.000
12,0
10.560
23,5
24.847
X
Ctro BA
46.000
500
45.500
15,0
6.825
22,2
15.137
XI SO BA-S LP
330.000
3.000
327.000
8,0
26.160
23,7
61.970
XII SE BA
300.000
600
299.400
5,0
14.970
23,3
34.880
XIII SL
20.000
400
19.600
20,0
3.920
15,5
6.075
XIV Cuenca Sal
72.000
1.200
70.800
7,0
4.956
24,6
12.178
XV Otras
5.000
200
4.800
40,0
1.920
16,6
3.192
TOTAL
1.220.000
25.500
1.194.500
33,2 396.426
20,1 797.386

Buenos Aires, Mar 03, 2016

Buenos Aires Grain Exchange

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