Friday, November 23rd 2012 - 13:10 UTC

Argentina wheat forecast down because of flooding in key parts of farm belt

Argentina's government cut this season's wheat output forecast, citing three months of heavy rains that started in August and flooded key parts of the Pampas farm belt, the Agriculture Ministry said on Thursday.

Soggy soil has made it difficult for other crops also

The estimate is now 11.1 million tons of wheat in the 2012/13 crop year, down from the government's previous forecast of 11.5 million tons, the ministry said in its monthly crop report.

“Yields, up to this point, are low” it said, going on to explain that soggy Pampas’ conditions have made wheat plants more vulnerable than usual to pests and fungi-based diseases.

Corn planting area was also marked down to 4.7 million hectares from a previous estimate of 4.97 million, while the country's projected soybean area was kept at 19.35 million hectares.

The Argentine government says the country can produce 55 million to 58 million tons of soybeans this crop year if the weather cooperates.

Rain patterns have normalized in recent weeks after an unusually heavy three-month spate of showers starting in August. But farmers warn that flooding in breadbasket province Buenos Aires will reduce yields compared with early-season estimates.

After what some climate specialists described as an early arrival of the El Niño effect this year, which tends to bring rain to Argentina, Uruguay and southern Brazil, farmers saw their 2012/13 corn and soy planting equipment bog down in mushy top soils.

A recent string of sunny days has helped some growers get sowing back on track. Argentina is the world's No. 3 soybean exporter and second corn supplier after the United States.

The US Department of Agriculture expects Argentina to harvest 55 million tons of soy, 11.5 million tons of wheat and 28 million tons of corn in the current 2012/13 crop year.

Also on Thursday the Buenos Aires Grains Exchange said 36.6% of the 19.7 million hectares it forecasts for soy planting had been sown by Thursday. This marked an advance of 14.6 percentage points during the week while lagging last season's seeding tempo by 9.7 percentage points.

Half of the 3.4 million hectares that the exchange expects to be planted with 2012/13 corn had been sown by Thursday, it said in its weekly crop report, marking progress during the week of 5 percentage points and lagging 2011/12's tempo by 12 points.

“The showers that have continued up to the present in the central part of the country are complicating the seeding process in central and western Buenos Aires province” the report concludes.

42 comments Feed

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1 Captain Poppy (#) Nov 23rd, 2012 - 01:41 pm Report abuse
Wheat down, trade surplus down 50%, steel production down 18%, judiciary victories down 100%, risk index increasing at an increasing rate, likihood of another default rising, likihood of a consure (will further restrict international trade) increasing.
Asslips needs to do the honorable thing like a Japanese officer in WWII.
2 LEPRecon (#) Nov 23rd, 2012 - 02:54 pm Report abuse
@1 Captain Poppy

Well first she'd need to look up the word 'honour', then she'd order Timidman to fall on his own sword.

Personally, it is of benefit to the Falkland Islanders for TMBOA to remain in power.

During her tenure she has done more to ensure that the Falklands will never be Argentinian, by showing the world what bare faced liars she and her government are.

I do, however, have a lot of sympathy for the Argentine people. They've only just started to protest. They need to keep it up, and pressurise TMBOA until she finally gets the message an legs it to her friend Chavez, or until the people themselves finally realise there is only one option...rope is quite cheap, and the lamp posts in the Plaza de Mayo are quite sturdy. A short drop and a sudden stop may send a message to any future leader to look to Argentina's problems instead of lining their own pockets.
3 Captain Poppy (#) Nov 23rd, 2012 - 03:39 pm Report abuse
The hangmens noose has 13 wraps. Speaking of chubby, I cannot believe he is still alive and forcing his will and his subserviants and allowing Bolivia the join mercosur. At the rate they are going, they might have trouble getting agreements with normal countries.
They toss the word “Democracy” around yet they truly have no concept of what it is.
4 Nostrolldamus The 2nd (#) Nov 23rd, 2012 - 04:27 pm Report abuse
Argentina will not join the European/American sphere of how the world should work. Ever again.

The north needs to get over itself, and understand we just are not interested in your system.
5 Simon68 (#) Nov 23rd, 2012 - 04:47 pm Report abuse
There is no doubt that we are in trouble, Captain Poppy and LEPRecon, but please don't wish for the end of CFK's mandate before the sell by date. If she goes we will be under the thumb of Amado “Printing Press” Boudou and if he should go then Mrs. Alperovich would take over!!!!!

I'm not sure which of these last would be worse, but either would certainly be worse than CFK who already has her “pension” in her Swiss bank account!!!!!
6 Captain Poppy (#) Nov 23rd, 2012 - 04:48 pm Report abuse
As argentina passes Malawi, Ethiopia, Burundi, Yemen and Venezuela, they are well on their way to being the Somalia

Congrats to asslips kirchner and her thieves, thier is probably very little left to loot from argentina so she is most likely arranging a palace in venezuela with chubby chavo......I bet the thought gives chubby a real....chubby!
titti boi you are not interested not the people of argentina. She cleaning the crust from kirchners ass and wake up. Argentina will never see prosperity again.
7 Nostrolldamus The 2nd (#) Nov 23rd, 2012 - 04:52 pm Report abuse

Yes, Argentina is Somalia now, it magically transformed overnight.

Then you antis want to be taken seriously... lol
8 Captain Poppy (#) Nov 23rd, 2012 - 05:19 pm Report abuse
antis? can you define that titti? and why did you cgange the cute troll name?
9 Pugol-H (#) Nov 23rd, 2012 - 05:23 pm Report abuse
As someone previously posted:

“It's a bit unfair lumping Argentina together with Somali. After all, one is a failed state with a barely functioning government, massive levels of corruption and a tendency to sail out onto the surrounding oceans stealing things that don't belong to them......the other one is Somalia!
10 Captain Poppy (#) Nov 23rd, 2012 - 05:37 pm Report abuse
11 agent999 (#) Nov 23rd, 2012 - 05:43 pm Report abuse
Its a sad fact that throughout the world crops have been hit by either too little rain or too much rain and harvests have been affected by this. It means that we will all be affected by the the additional cost of these weather problems.
To try and score political points out of this scenario is pointless, governments have little control over the weather.
12 Pugol-H (#) Nov 23rd, 2012 - 05:51 pm Report abuse
It may be that rising world prices (as a result of poor harvests/higher demand) means that what their down in tonnage, will be offset by higher prices.

However it does show how vulnerable we all are to climate change.
13 KFC de Pollo (#) Nov 23rd, 2012 - 06:12 pm Report abuse
@5 boudou would last 2 seconds before the fascist peronists outed him.

@11 but they do control imports. There are many crops that lie rotting in the fields in Argentina because the farmers can't get machinery parts to repair broken down machines.
14 Think (#) Nov 23rd, 2012 - 06:16 pm Report abuse

The mild and agreeable climate of the Argentinean plains
and its fertile, well aerated and slightly acid soils are just ideal for Turnips......

The Turnipfield above is a living proof of it .....

Chuckle chuckle©
15 Nostrolldamus The 2nd (#) Nov 23rd, 2012 - 06:20 pm Report abuse

Rare for a brit to admit argentines can take “jokes” better than brits.

Say the same joke about Britain, and you all go off the deep end. You are as precious as Kopi Luwak.
16 Captain Poppy (#) Nov 23rd, 2012 - 06:49 pm Report abuse
Simon I never thought about it until you mentioned it that bobo the clown would move in. Tell me SImon, why does peronist hate market based economies, entrepreneurialship, they feel they cannot or are not smart enough to work with them?
17 Pugol-H (#) Nov 23rd, 2012 - 07:01 pm Report abuse
@ 15
I wouldn’t say “better”, but I did think it would appeal to your “Tea Time” sense of houmour.
18 Nostrolldamus The 2nd (#) Nov 23rd, 2012 - 07:17 pm Report abuse
Something that your country has lost. Always evidence of decline, when you are a trully confident country, you take things in stride. When you feel vulnerable, the precious-meter surges.

Americans are the best example, 10-20 they didn't care about jokes against them or people talking smack of them, they knew they were #1. Now look at the internet, they are as precious of a double-strong Kopi Luwak, served on a diamond-rimmed chinese porcelain cup with a pure gold handle.
19 Pugol-H (#) Nov 23rd, 2012 - 07:33 pm Report abuse
Personally speaking, I don’t care what you serve it in, I aint drinking that shit!!
20 Captain Poppy (#) Nov 23rd, 2012 - 07:35 pm Report abuse
What the hell is truth telling troll talking about now?
21 briton (#) Nov 23rd, 2012 - 08:23 pm Report abuse
Well at least someone wont be getting 3 shredded wheat for breakfast .lol..
22 Captain Poppy (#) Nov 23rd, 2012 - 09:05 pm Report abuse
Or wheaties....the breakfast of chanmpions
23 briton (#) Nov 23rd, 2012 - 09:43 pm Report abuse
mmmm suger
24 Captain Poppy (#) Nov 23rd, 2012 - 09:57 pm Report abuse
Damn such a loss!! If CapnCrunch goes....I can just say I am really glad I do not live there!!
25 briton (#) Nov 23rd, 2012 - 10:03 pm Report abuse
very true.
who would want CFK sitting at their breakfast table, shouting
its mine , thats mine .lol.
26 Nostrolldamus The 2nd (#) Nov 23rd, 2012 - 10:16 pm Report abuse
Cereal every day is bad for you. That's why you are one big happy diabetic nation up there. Heavy dinners and sugary breakfast...

Stroke's and artery plaque's best friends!
27 briton (#) Nov 23rd, 2012 - 10:19 pm Report abuse
If we believed everything these silly scientist say,
We would all be nuns and abbots, living in monasteries getting drunk on grapes.
28 Troy Tempest (#) Nov 23rd, 2012 - 10:20 pm
Comment removed by the editor.
29 Nostrolldamus The 2nd (#) Nov 23rd, 2012 - 10:32 pm Report abuse
Cue the Breaking news Music:

Troy Tempest just blew his lonely gasket.
30 Captain Poppy (#) Nov 23rd, 2012 - 11:42 pm Report abuse
Ever see the Manchurian Candidate, a fiction about brainwashing. These trolls are living proof. What is so funny is they think we want argentina to be like the USA or UK and we don't. We just want them to play buy the rules. They seem to think they don't need the world, then who will they trade with? No one wants your sovereignty, your identity, anything from argentina.,........just own up and pay your bills for the money you took and are refusing to pay back. See the the lastest trade surplus......585, down from 900, down from 1,100, down from 1,500....that's called a trend and it will get worse. Did you read about your steel industry?
31 Ayayay (#) Nov 23rd, 2012 - 11:45 pm Report abuse
It's nice to see a little piece of Arg!vision 7 takes a long time to get started! Cereal..... can be healthy, if it's whole grain, ideally with almond moo (great mineral proportions)or coconut milk (efas equal to human mother's milk).

Starting off with freshly picked fruit is even mo bettah, which I like.
32 British_Kirchnerist (#) Nov 24th, 2012 - 01:22 am Report abuse
Not great news admittedly, but not disastrous, and crucially the weather is no individual's fault. Certainly nothing for Cristina to fall on her sword over, or sacrifice Timmerman, or be killed, as the hysterics at #1&2 suggest
33 KFC de Pollo (#) Nov 24th, 2012 - 05:52 am Report abuse
@33 i can't wait til the nutcase in the pink house is finally gone and we wont have to read your drivel on here!
34 Troy Tempest (#) Nov 24th, 2012 - 09:21 am Report abuse
@33 BK
“Not great news admittedly, but not disastrous, and crucially the weather is no individual's fault. Certainly nothing for Cristina to fall on her sword over, or sacrifice Timmerman, or be killed, as the hysterics at #1&2 suggest”

Nothing for CFK to worry about, financially, right?

Meanwhile Argentine children succumb to disease because of malnutrition.
The Wichi Indians of Salta live surrounded by fields of soy beans that are all exported to China, while Argentine aboriginals die.

Good job CFK !!

BK, is this why you adore her??

Pirat-Hunter (ALEX VARGAS), you are Indian from Salta, do you still adore CFK??
Is CFK still infallible??

Still the best President in 40 years??

I like Nozzy's proud statement too, “we have ALMOST no shanty towns in Mendoza”.
What a boast!
35 yankeeboy (#) Nov 24th, 2012 - 11:45 am Report abuse
As I have been saying I will laugh and laugh if Argentina has to buy Wheat from the USA ....
Remember these are still estimates and Arg ALWAYS estimates on the high side.

Barley para todos

Another little thought, if Arg gets kicked out of al of the Int'l financing orgs, which looks pretty likely at this point, does that mean GM and Ford would not be able to mfg in the country either? I think both use IFC, EXIM bank and those would be prohibited from doing business there too.
This could get very interesting
Then all that is left is Soy
Toby might be really happy he is getting isolated much sooner than expected.
36 Captain Poppy (#) Nov 24th, 2012 - 02:01 pm Report abuse
Ok course BK, nothing to worry about when they only means to dollars is for trade surplus. And recently th surplus trend is low, lower and becoming the lowest as October was 585 million. Lets see...July near 2 billion....August...1.1 billion...Sept 900 million and now October at 585 million. What will November be....a deficit?
37 Conqueror (#) Nov 24th, 2012 - 06:19 pm Report abuse
@32 Are you going to take the “silver bullet” on her behalf? Please say “Yes”. Please.
38 reality check (#) Nov 24th, 2012 - 07:11 pm Report abuse
I watched something on Youtube, where KFC was harping on about how Argentina feeds the world and I thought to myself, much to my chagrin, that she was right.

Then I pulled myself up and I remembered, no! she sells food to the world. A subtle difference I thought. Unlike the yanks, who some people like and some people dislike. Who for decades have been donating wheat to the worlds hungry.

Anyway, agriculture provides jobs, a job enables a man to feed his family. When nature interferes, that suffers, so I do not draw satisfaction for my beliefs, with their problems Nuff said!!!
39 briton (#) Nov 24th, 2012 - 07:59 pm Report abuse
how Argentina feeds the world
well we could all jump on that bandwagon,

Britain saves the lives of Argentineans every day,

Buy not sinking their ships.

40 Captain Poppy (#) Nov 24th, 2012 - 09:58 pm Report abuse
#35 Yankee C.O.D and U$ dollars..........afterall, she has so many dollars
41 reality check (#) Nov 24th, 2012 - 11:28 pm Report abuse
Drinkin' rum and Coca-Cola
Go down Point Koomahnah
Both mother and daughter
Workin' for the Yankee dollar.

Apt chorus I think.
42 Captain Poppy (#) Nov 26th, 2012 - 04:11 pm Report abuse
What freaking holiday is it today in argentina......We filed an appeal they ever work?

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