Argentina’s soybean crop stabilizes
Showing signs of recovery from drought that has persisted through January, Argentina’s soybean crop is forecast to reach 49 million tonnes in marketing year 2024-25, the same as 2023-24, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. The drought and extreme heat severely impacted the crop at...
FAS bullish on Argentine soybean crop
Strong soybean production and crush are anticipated in Argentina in the 2024-25 marketing year, but those lofty projections could be impacted by a developing La Niña weather pattern, according to the latest report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. With nearly 90% of the soybean crop planted, crop development...