Weather Recent rains have benefited parts of Argentina, but not all areas received significant precipitation. The highest accumulations occurred in the central-east and southern regions of Buenos Aires Province, with 30–50 mm recorded. However, the provinces of Córdoba, Santa Fe, western Buenos Aires, and La Pampa received virtually no rain, which poses challenges. The forecast does not predict significant rainfall for at least the next two weeks.
Corn The lack of soil moisture exacerbates the negative outlook for corn in Argentina, with estimates continuing to suggest large reductions in planting area. Current consensus estimates point to a 20–30 percent reduction in seeded area, reflecting widespread pessimis...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...