Weather Outlook The arrival of the expected "El Niño" weather event for Argentina continues to be delayed, and the situation is becoming more complex every day. There is a very large area that includes the western part of Buenos Aires, the eastern part of La Pampa, the provinces of Cordoba, Tucumán, Santiago del Estero, and a section of Santa Fe where water reserves at a depth of 1 meter are practically zero.
The Nucleus region (Argentina’s corn agricultural area) can hold out for a few more days or weeks as the rest of the province of Buenos Aires, most of Santa Fe, and Entre Rios are in better shape. These regions currently have no issues, and the medium-term outlook is favorable. Rainfall maps a...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...